Banker Slashes Own Wage

Summary


THE head of nationalised lender Bradford & Bingley has said he will slash his salary by more than half.

Executive chairman Richard Pym will cut his basic salary from pounds 750,000 to pounds 350,000 in April and waive his guaranteed pounds 187,000 bonus this year.

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Extract


Banker Slashes Own Wage

Mr Pym joined as chief execut...

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