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RBS Bad Bank’s Cullinan Seen as Only Top Executive to Get Bonus

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The only member of Royal Bank of Scotland Group Plc’s executive committee likely to get a bonus this year is the man charged with getting rid of the lender’s unwanted assets, according to a person with knowledge of the matter.

While Rory Cullinan, who heads RBS’s bad bank, will receive a payment, the nine other members of its top leadership team won’t, including Chief Executive Officer Ross McEwan and Chief Financial Officer Ewen Stevenson, said the person, who asked not to be identified because the details are private.