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RBS rewards head of restructuring with pay rise

Nathan Bostock – who pulled out of a move to rival Lloyds Banking Group as head of wholesale banking – has been rewarded with a 9% pay rise

Nathan Bostock, the Royal Bank of Scotland banker who last year pulled out of a move to Lloyds Banking Group, has been rewarded by the UK bank with a 9% pay rise.

Bostock, who is head of restructuring and risk at RBS, was last year set to join rival Lloyds as head of wholesale banking. However, it was announced in November by RBS that he would stay on.

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