Van Lanschot Bankiers is delaying payment of its 2010 bonuses, according to its annual report quoted in the Financieele Dagblad. The bank first wants to see if its recovery continues.
The bank booked net profit of €65.7m in 2010 against a net loss of &euro14.8m in 2009.
The move is in strong contrast to the announcement of big bonuses at ING banking group that caused an outcry last week.
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