Paul Thwaite, NatWest's CEO, will be in line for a remuneration package worth around £6.5m if investors in the bank approve a new remuneration policy next year, Sky News learns.
The company was in trouble, so the initial investment should have been at a good price. The company has now recovered, and the states investment should have grown with it.
If true then something is fishy.
The company was in trouble, so the initial investment should have been at a good price. The company has now recovered, and the states investment should have grown with it.
How do you make a 20% loss on that?