Royal Bank of Scotland Group Plc and
Lloyds (LLOY) Banking Group Plc plan to cap staff bonuses for a fourth
straight year, Sky News reported without saying where it got the
The banks, part-owned by the U.K. government, will impose a
2,000-pound ($3,200) ceiling on the payouts, the news
organization said. Spokeswomen for Lloyds and RBS declined to
comment on the report.
To contact the reporter on this story:
Chris Spillane in London at
To contact the editor responsible for this story:
Andrew Blackman at
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