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	<title>anarchyintheuk.com &#187; Stephen Hester</title>
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	<description>Moral turpitude in the UK</description>
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		<title>RBS – we need bonuses &#8211; we need them now</title>
		<link>http://anarchyintheuk.com/rbs-%e2%80%93-we-need-bonuses-we-need-them-now/</link>
		<comments>http://anarchyintheuk.com/rbs-%e2%80%93-we-need-bonuses-we-need-them-now/#comments</comments>
		<pubDate>Mon, 11 May 2009 11:05:17 +0000</pubDate>
		<dc:creator>anarchyintheuk</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Bonus Culture]]></category>
		<category><![CDATA[Brian Hartzer]]></category>
		<category><![CDATA[CEO RBS]]></category>
		<category><![CDATA[Fred Goodwin]]></category>
		<category><![CDATA[FSA]]></category>
		<category><![CDATA[Gordon Pell]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group]]></category>
		<category><![CDATA[Sir Philip Hampton]]></category>
		<category><![CDATA[Stephen Hester]]></category>

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		<description><![CDATA[The RBS Board appear to have learnt nothing and are keen to review their perks once again.

 

In early May RBS reported a loss of £895 million for the first quarter, which compares to a profit of £245 million a year earlier.

Stephen Hester said of the results and the likely time scale of RBS returning to profit:

 
‘…It's not really in our hands, it's in the hands of the economy and what it does to our loan books,…’]]></description>
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