Royal Bank of Scotland Group Plc will probably not reduce its bonus pool for 2017, Bloomberg News reported Dec. 12, citing "people with knowledge of the matter."
A final decision on the payouts will be made in January, one of the sources said.
The U.K.-based bank began reducing bonus payments in the wake of the global financial crisis, and since 2010 its compensation pool has shrunk by about 75%.
However, the lender made progress on capital in the third quarter of 2017, and the government plans to restart a sale of its stake by the end of March 2019.
In February, the bank said it had cut CEO Ross McEwan's bonus by about 40%, Bloomberg said.
