All TSB staff to receive shares in new reward strategy

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All 8,600 of TSB Bank's employees will be awarded £100 in shares as part of its reward strategy which also aims to rebalance excessive executive pay.

Complying with the 1:1 fixed:variable remuneration cap prescribed by the Prudential Regulatory Authority and the EU, TSB said its new model was designed to be simple and fair, while delivering shar...

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