ANTONIO Horta-Osorio, chief executive of Bank of Scotland owner Lloyds Banking Group, insisted the institution is "very mindful" of popular opinion over mis-selling scandals such as pensions protection insurance (PPI) as he was grilled by a Parliamentary inquiry on the likelihood of a bonus payout.
Royal Bank of Scotland chief executive Stephen Hester has said he will not accept a bonus for 2012 after systems problems.
And Barclays chief executive Antony Jenkins has rejected a payment after a "difficult" year, including a £290 million fine for manipulation of the Libor rate. Lloyds has made £5 billion of provisions for PPI so far.
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