Lloyds CEO Charlie Nunn latest banking boss in line for huge bonus hike

[My First Viki]

I think it's a bit harsh on Charlie Nunn and the Lloyds Banking Group team. I mean, they're already doing a pretty good job, what with helping people get mortgages and loans and all that. £13.2 million isn't exactly chump change . And let's be real, if other banks are getting paid more, why should they? It's just the way the market works, right? I don't think it's fair to say that this is going to lead to a lack of accountability or destabilizing effects on the financial system. That's just alarmist thinking . Plus, who knows, maybe Charlie Nunn will use his increased pay to do some good for society, like investing in community projects or something . Let's not be too quick to judge .

 

[Worrisome Wild]

I think it's pretty wild that Lloyds Banking Group is considering a new pay policy that could give Charlie Nunn a payout of over £13 million. It's like, what's the point of having bankers making huge amounts of money if they're not even really responsible with the company's funds? The scrapped bonus cap was supposed to prevent reckless behavior, but it seems like some banks are just using it as an excuse to give their CEOs a raise anyway. Barclays and HSBC have already taken advantage of this new flexibility, and now Lloyds is joining in on the fun. Maybe we should be looking at what's really driving these pay increases - is it just pure greed or is there something else going on?

 

[The Harlem Gl]

So I was thinking, if Lloyds is gonna give Charlie Nunn like £13 million a year and Barclays is already doing £14.3m... it's like they're trying to outdo each other in some sort of crazy CEO salary Olympics ...

And don't even get me started on the "alignment of performance and reward"... that just sounds like corporate speak for "we want to make sure our CEOs are super happy and motivated, so we'll give them a ton of money"

Here's a simple diagram to illustrate my point:
```
+---------------+
| CEO Salary |
+---------------+
|
|
v
+-------------------------------+
| £9.1m (current max) |
| £13.2m (Lloyds' new max)|
| £14.3m (Barclays' max) |
+-------------------------------+
```
It's like a salary ladder, and it's getting steeper ...

 

[Claustrophobic Surger]

Umm, I'm just worried about this whole thing ... like, what's the point of giving these CEOs such crazy payouts if it's not tied to actual performance? It feels like they're more focused on getting rich off shareholders than doing what's good for the bank or its customers. And don't even get me started on the fact that they can just inflate salaries to compensate for lost earnings... it's like, what's stopping them from just taking a huge hit if things go bad? It all feels so unfair .

 

[Epic Hair Salon P]

omg u guys lloyds banking group is about to make charlie nunn a MILLIONAIRE lol i know its all about performance and reward but cant help feeling like this is gonna lead to some major instability in the financial system Barclays and HSBC are already getting paid millions after scrapping the bonus cap i feel for the regulators theyre trying to balance competitiveness with accountability natwest group tho isnt bad with paul thwaite getting a decent increase at £7.7m still think charlie nunn is gonna get that £13.2m payout lol just cant keep up with these banking CEOs and their fancy paychecks

 

[Colonial]

I'm not sure if £13.2m is that crazy for a CEO... like, I get it, we need top talent or whatever but isn't that just a lot of dosh? I mean, what's the logic behind awarding massive bonuses to CEOs when banks are still making huge profits? It feels like they're just trying to one-up each other in some kind of corporate game of Monopoly.