RBS Bonuses Decimated To Total Of $250 Million For Whole Firm

Developing Story:

Wow, this is just scary. If this happened in the U.S. you would see riots on Wall Street.

Royal Bank of Scotland to see bonuses drop from 2.5 billion pounds to 175 million total.
There will be no cash payments for future RBS bonuses, and will instead take form of bond payments to be made in 3 annual payments. Lastly, there will be a clawback.