According to the Sunday Times he is in line for a new bonus worth almost £8m as the paper has discovered that the bank is to buy £4.5m worth of shares for Stephen Hester within weeks as part of a controversial long-term pay scheme.
Meanwhile the Independent on Sunday says that the disclosure of the staggering figure amounts to political dynamite as the Prime Minister fought off suggestions that he should veto the near-£1m bonus that was announced last week.
The Telegraph reports that the chairman of Royal Bank of Scotland Sir Philip Hampton has waived a share award worth as much as £1.4 million adding that Hampton felt it would not be appropriate to receive this year's share payment, which was set up as part of a "golden hello" package when he joined three years ago.
Away from the controversy the Mail on Sunday reports on the comments of Former Education Minister David Lammy who says that working-class parents need to be able to discipline their children physically to deter them from joining gangs and getting involved in knife crime.
The paper says that the ban on smacking children must be overturned to help prevent a repeat of last summer’s riots.
The Observer leads with the news that plans to commit €22bn to tackling the scourge of youth unemployment across Europe will be considered by EU leaders on Monday as international pressure mounts for action to help young people chart a way through the deepening economic crisis.
And staying at Davos,the Sunday Mirror reports that Prince Andrew is back representing Britain on the world stage there.just six months after he was forced to step down as UK trade envoy
The Telegraph says that the European Union is to gain dramatic powers to control tax and spending in crisis-hit eurozone countries under a deal to save the currency
It leads with news that Tens of thousands of patients who received hip replacements are at the centre of a major health alert over concerns they are poisoning their bodies.
An investigation by the paper has found that medical regulators are drawing up new advice for more than 30,000 Britons who have received “metal-on-metal” devices because of fears that they are even more dangerous than previously thought.
Most of the papers report the arrest of four journalists at the Sun over allegations of police bribery
The Observer says that detectives with Operation Elveden, the Metropolitan Police's investigation into illegal payments to officers, raided the Sun's offices in Wapping, east London, morning after receiving information from News Corp, the parent company of News International, which owns the paper.
The Independent asks whether French President Nicholas Sarkozy is about to thorw in the towel as speculation grows he may not run again.The paper says that he will be fighting for his political life when he makes a live appearance on French TV tonight.
The Telegraph reports the comments of General Sir Michael Jackson who tells the paper that the Falklands will be lost forever if Argentina invades again.
To the tabloids and the Sunday Mirror reports that Denise Welch has been having a secret eight-month affair with a toyboy lover behind her husband Tim Healy’s back.
Whilst the Express says that the Celebrity Big Brother winner put Reservoir Dogs star Michael Madsen in his place yesterday, saying he was “deluded” if he really believed she had tried to coax him into bed.
Staying with show business and the People reports that Amanda Holden might not have held her baby HollieRose yet.The paper says that The Britain’s Got Talent judge is still extremely weak after her three-day fight for life following the birth.
Finally the Express leads with a report that widows and divorcees are being targeted for a huge rise in their council tax bills.The paper says that Labour-run councils want the eight million people living alone to pay the same rate as couples or households with several working adults.
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