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RBS boss Ross McEwan to hand back shares allowance
The chief executive of Royal Bank of Scotland (RBS) is to forgo a shares allowance thought to be worth £1m.
In a statement, the bank said Ross McEwan did not want the allowance "to be a distraction from the task of building a great bank".
....The bank, which was bailed out at the height of the financial crisis, has been plagued by a series of regulatory fines, and has undergone severe restructuring in recent years.
...RBS was one of six banks fined a combined $4.3bn (£2.6bn) last month for failing to stop foreign exchange market manipulation.
http://www.bbc.co.uk/news/business-31631914
