Lloyds accused of ‘stuffing bankers’ pockets’ as it proposes £9.1m CEO deal
by Kalyeena Makortoff Banking correspondent from on (#693GK)
Chief executive Charlie Nunn could receive 9.1m payout, while top performing bankers to share 446m bonus pot for work in 2022
Lloyds Banking Group has been accused of stuffing the pockets of already overpaid bankers" after proposing increases for top bosses that could result in a 9.1m payout for its chief executive, Charlie Nunn.
The bank revealed on Wednesday that staff would share a 446m bonus pot - the highest in four years - for their work in 2022, despite reporting flat annual profits, after an increase in the money put aside for a potential jump in defaults.
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