Insurance Post

RBSI boss fails to take up full options

Royal Bank of Scotland Insurance chief executive Chris Sullivan took up less than his full entitlement to buy new stock in the parent's £12.3bn rights offer.

He bought 34 079 new shares and sold rights to 6 050, the bank said in a statement yesterday.

Mr Sullivan was one of three senior executives not to take up their full entitlement. Other executives who

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