The Chief Executive of the RBI, Stephen Hester, will be facing tough situations at the annual general meeting where he has to explain his £7.7m pay package to the shareholders.

Each taxpayer in the UK has a risk in Royal Bank of Scotland. That's why the latest results should be positive news. Almost halfway through the turnaround plan, the reports show a bank on the path to recovery that will soon be able to stand on its own two feet.

Stephen Hester, Chief Executive, Royal Bank of Scotland says that the Government could approve selling part of Royal Bank of Scotland early next year, as the bank moves to complete the revamp of its business.

From the recent reports it was seen that ROYAL Bank of Scotland has given Chief Executive, Stephen Hester shares worth £4.2 million as a new three year bonus plan.

It was noticed that that the bank was an 84% taxpayer bank and gave 8.6m shares which were worth £4.2m. The bonus received by him was equivalent to 350% of his annual salary.

The partly nationalized lender, Royal Bank of Scotland is expected to disclose a pay package for CEO Stephen Hester worth up to 9.6 million pounds after securing back up from UK Financial Investments, which possesses state's 70pc stake in RBS.