A source said: "These plans are the latest sign the mega-bonus culture is returning to the City just a year after the whole system nearly collapsed." RBS insiders claim the payments are necessary as dozens of their top executives have been poached by rivals offering even bigger deals. The bank have already provoked anger over a potential £10million bonus package for chief executive Stephen Hester. They also came under fire over "golden hello" deals after offering an estimated £7million to bond trader Antonio Polverino. Last week, US bank Goldman Sachs, who employ 5500 people in London, announced staff would share about £13billion in pay and bonuses. Lloyds Banking Group - 43 per cent owned by taxpayers - are working on multi-million-pound incentive plans. Yesterday, the Government pledged to take action to stop State-owned banks handing out "unjustifiable" payouts.