Lloyds execs to hand back bonuses

lloyds-bank

Lloyds Banking Group is taking back part of the bonuses awarded to senior executives as a result of the £3.2bn hit the bank took for mis-selling payment protection insurance.

The FT has reported that chairman Sir Win Bischoff told shareholders at its AGM yesterday that the part-nationalised bank is assessing whether the losses incurred by PPI should affect the pay of those

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