Results tagged “Stephen Hester” from Business Insider Blog

It has been interesting watching the reaction over the past few weeks to some fairly hefty payouts across the corporate sector.

Bankers like Bob Diamond, Stephen Hester and Eric Daniels all walked away with millions of pounds worth of benefits and shares.

Alongside them hundreds of other bankers were paid more than £1 million each to a collective outcry of horror.

Compare and contrast this to the joyous outpourings shown in newspapers and broadcast media when John Lewis announced all of its staff - including the executive team - were getting the equivalent of 18 per cent of their salary.

So after months of wrangling, posturing and hand wringing the shape of the post-credit crunch banking landscape in Britain is starting to take shape.

If you are here reading this then chances are you know the basics. Lloyds and Royal Bank of Scotland doing a mixture of fund raising, protecting assets and selling off sections of the business to avoid painful competition pitfalls.

Oh and probably a couple of thousand jobs lost in the process as well.