Lloyds Banking Group chief executive Eric Daniels has waived his 2009 bonus, becoming the latest UK banking executive to forgo a payment amid continuing public and political anger over banker compensation.

Daniels was entitled to a £2.3m (€2.6m) bonus for the year, while his salary is set at £1.04m.

The Wall Street Journal

Lloyds Banking Group

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Royal Bank of Scotland

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The announcement comes as USS Investment Management said it won’t bid for the property firm.

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Lloyds CEO waives 2009 bonus

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