SALARIES, bonuses and now pensions in the United Kingdom banking sector are all on the chopping block.
Andy Hornby, the former chief executive of Halifax Bank of Scotland (HBOS), is facing pressure to give up some of his pension after his predecessor, Sir James Crosby, relinquished his knighthood and almost a third of his pension, following a critical report on the bank's collapse, reports The Telegraph.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!