Peter who was sent on garden leave will obtain £1.2 million as fixed pay for his 1 year notice period and another £480,000 payment. All of the Pester's variable payments will be forbidden and remains subject to performance criteria and the result of ongoing separate, independent regulatory investigations into the IT issues. The technical problems started when TSB on its way to migrate its customer data from a system it was effectively providing from its earlier parent Lloyds Banking Group (LLOY.L) to one built by Sabadell's IT arm Sabis. The planned migration was expected to save money, but has forced Sabadell to spend more than £180.14m.