23rd February 2012. Greedy RBS (W)Bankers. Royal Bank of Scotland today revealed total losses of £2billion in 2011, but still paid employees a total bonus pot of £785million. The huge bonus pool includes a £390million pool for its 17,000 investment banking staff. The overall loss is almost double the £1.1billion figure posted the previous year by the bank, which is 82 per cent owned by the taxpayer. It is RBS's fourth year of losses since it received a £45.5billion bailout at the height of the financial crisis in 2008. This follows a period in which the bank announced thousands of job cuts.
