RBS shares fall on FTSE 100

The details, containing RBS's plan to remunerate its senior managers as well as its long term vision towards 2013 are bound to receive much comment over the coming days:

"I hope that the Group's results give you the clarity about our performance and direction that enables you to share the confidence I have in the brighter future for RBS" said Stephen Hester, Chairman of the banking group.

The report discloses details of a remuneration scheme for senior managers, and can be found here.

The scheme, due to be voted on at the bank's annual meeting April 28th will be linked to shareholder return/share price performance, as well as the actual profit that the bank achieves by 2012 - something which shareholders were keen on.

In addition, the bank hopes to sell its 84 pct taxpayer-owned stake by 2013.

Shares fell 3.56 pct to close the day at 42 pence.