RBS boss waives bonus after computer meltdown

Stephen Hester, chief executive of Royal Bank of Scotland, has given up his £2.4m bonus for 2012 following the computer meltdown at the bailed out bank.

With the IT problems now running into the 10th day, Hester has announced he will not accept any bonus for this year - even though the amount would not have been decided until next February. RBS customers have been unable to check balances, access accounts or withdraw money in some circumstances, although most of the problems have now been resolved.  "I think it is inappropriate for me to have a bonus this year. We have let our customers down. That may have arisen from old systems and things that were from before my time, but I think we could reasonably have been expected to have impro...