PART-nationalised Lloyds Banking Group has handed Andrew Bester, its new recruit as head of wholesale, £731,000 worth of shares as compensation for the deferred share awards he lost when he quit Standard Chartered.
Lloyds, which is 41% tax-payer-owned, attracted Mr Bester from Singapore, where he was chief operating officer of London-headquartered Standard Chartered's consumer banking arm, to take a job previously awarded to Nathan Bostock, head of restructuring at RBS.
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