Article: As job cuts loom Santander gets out chequebook for A&L bosses; BANKING.(Business)

Alliance & Leicester's top directors will gain huge windfalls for simply staying in their jobs following the lender's pounds 1.3 billion takeover by Spanish bank Santander.

Santander is offering retention bonuses of up to 125 per cent of salary for its top four bosses if they remain in their posts until ...

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