RBS chief waives bonus after UK political storm

LONDON (Reuters) - The chief executive of Royal Bank of Scotland has decided to waive a bonus worth almost a million pounds ($1.6 million), the bank said on Sunday, after the handout angered Britons bearing the brunt of government austerity measures.

Source: http://feeds.reuters.com/~r/reuters/businessNews/~3/lfB1YodAexs/us-rbs-ceo-idUSTRE80S0QJ20120130

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