TSB Upgrade issues

Maybe the upgrade was rushed in because bonuses depended on it...

It’s worth noting that millions of pounds of bonuses to senior TSBstaff were dependent on this IT migration.

These bonuses were frozen after TSB was forced to delay the move, from Lloyds to its new owner Sabadell, last year.

TSB’s remuneration committee decided not to release the payments until later this year - presumably so they could ensure that the migration had taken place successfully. This included a bonus of over £1m for CEO Paul Pester.
Click to expand...

https://www.theguardian.com/busines...b0ed4091d252d0#block-5adf1c14e4b0ed4091d252d0
 
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