Lloyds boss to get £1.7m bonus as bank posts profit Mr - TopicsExpress

Lloyds boss to get £1.7m bonus as bank posts profit Mr Horta-Osorio joined Lloyds three years ago with the aim of getting taxpayers their money back, and the improvement seen at Lloyds suggests that hes getting there. His £1.7m (which, if I understand correctly, will be paid out over 5 years) is unlikely to incite the kind of negative reaction that accompanied Barclays curious announcement earlier this week (where that bank announced lower profits and a larger bonus pool to the chagrin of shareholders and the general public). Despite the increase in provisions for PPI-linked payouts, Lloyds exceeded analyst expectations when it announced an underlying profit of £6.2bn for 2013. eiu/finance

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