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RBS’s Hampton Says Bankers’ Pay Exceeds Performance, BBC Reports

Jan. 17 (Bloomberg) -- Royal Bank of Scotland Group Plc Chairman Philip Hampton said big increases in bankers’ pay haven’t been matched by what they’ve delivered to shareholders, the BBC reported, citing an interview to be aired tomorrow. “The most peculiar thing about it all, actually, if you look at the last 10 years of massive increases in pay, is that the performance for shareholders has been pretty disastrous really across most banks,” the broadcaster cited Hampton as saying.

Story link: {NSN LF6TYA6JIJUP<GO>}

To contact the editor responsible for this story: John Simpson at jsimpson12@bloomberg.net

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