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| Thursday June 18, 10:55 AM | |
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Goodwin agrees to pension cut - report
LONDON (Reuters) - Fred Goodwin, the former chief executive of part-nationalised lender Royal Bank of Scotland , has agreed to more than halve his widely criticised 703,000 pound pension award, Sky News reported.
Under the deal, Goodwin will now receive an annual payout of 342,000 pounds, Sky said.
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