I’m sure there’s a mixed metaphor to be had here re a big fish across the pond.
But the RBS director with an equally impressive pension – according to RBS’s 2007 accounts – is one Larry (Lawrence) Fish, chair of the bank’s US operations. His pension pot was $24m at that point.
Fish was previously chief executive of Citizens, an RBS subsidiary in the US. Now a non-executive, he is set to quit the company before April.
Incidentally his pay in 2006 (£6.59m) was more than Fred the Shred (£3.99m).


Jim Pickard
Kiran Stacey