Between February and October he received a further £803,000 in salary, a fixed allowance of £1.1 million and a pension top-up of £241,000.
David Rowland, chairman of the Lloyd's of London between 1993 and 1997, has passed away, Lloyd's said in a statement. He was 85.
Clifford Abrahams, chief financial officer of ABN Amro told CNBC: "Q4 was operationally solid and steady...But we had a couple of specific items in Q4, we had some expenses and elevated impairments."
Under its latest European recruitment push, Daiwa has also hired a Britain-based M&A banker specialised in the fintech sector, Hiroki Ikeda, Daiwa’s deputy head of global investment banking, said in an interview.
But revenues fell four percent, to 25.3 billion euros, with Deutsche blaming a fourth quarter marked by "challenging financial markets" and "negative" headlines, including a November raid by prosecutors on the bank's Frankfurt hea