LLOYDS BANK is taking back more than £1 million-worth of bonus cash from five
former directors, it was claimed last night.
Sources said the bailed-out bank's former chief exec Eric Daniels is having to
give up £360,000 of the £1.5million he trousered in 2010 in an unprecedented
move.
Three others will give back around £250,000.
Lloyds is enforcing the "clawback" because of the huge bill it faces from the Payment Protection Insurance (PPI) mis-selling scandal that has shamed the entire banking industry. Read Here
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