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RBS Boss Says Bonuses Will Be Down If Profits Fall

Staff at The Royal Bank of Scotland's Global Banking & Markets unit may well have had an average of $177,000 set aside for their compensation in the first 9 months of 2010, but CEO Stephen Hester has made it clear that this may not represent what they will make come year-end.

Germany's WestLB Could Be Broken Up

The news last week that Germany's Bayeriche Landesbank and WestLB had called off their merger discussions after just 6 weeks comes as a major blow to WestLB, which needs to sell itself by the end of next year to comply with an EU competition ruling.

Staff Approval Ratings - See Which Boss Did Best

When we found out that ING Direct USA President and chairman Arkadi Kuhlmann puts himself up for a vote by employees each year to see if they think that he should remain in his post, we wondered what approval rating employees at some of the biggest firms in the financial markets industry would give their bosses.