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Royal Bank of Scotland

Royal Bank of Scotland 08/02/2012

03:39 : Two bidders in running for RBS Asian unts-FT - Feb 8 (Reuters) - Two bidders remain in the running to buy Royal Bank of Scotland's Asian equities, mergers and acquisitions and research businesses, the Financial Times reported on Wednesday.
Source : reuters-com
03:16 : Two bidders in running for RBS Asian units - FT - (Reuters) - Two bidders remain in the running to buy Royal Bank of Scotland's Asian equities, mergers and acquisitions and research businesses, the Financial Times reported on Wednesday.
Source : reuters-com
00:06 : Hester urges RBS staff: Prove thecritics wrong - Stephen Hester, the chief executive of Royal Bank of Scotland, has come out fighting to protect his and the taxpayer-owned bank's reputation as the political and public furore over City bonuses continued.

Royal Bank of Scotland 07/02/2012

23:56 : Stephen Hester says Royal Bank of Scotland clean-up costs will take bill ... - Royal Bank of Scotland boss Stephen Hester has expressed empathy with struggling households while revealing the taxpayer's bill had climbed to a staggering £83bn.
22:51 : RBS chief Stephen Hester tells bank staff to prove critics wrong - Stephen Hester has urged staff at Royal Bank of Scotland to "prove the critics wrong" after describing the furore surrounding his near £1m bonus and Fred Goodwin's knighthood as "discomforting".
Source : telegraph-co-uk
21:19 : Labour Renews Call For Banks To Cut Bonuses - Labour has called for all British banks to cut bonuses after public pressure led Royal Bank of Scotland chief executive Stephen Hester to waive his near £1m payout.
Source : news-sky-com
20:52 : George Osborne pledges battle against 'anti-business culture' amid bonus ... - • Believers in free market 'must fight rewards for failure' • Stephen Hester says RBS staff should be proudGeorge Osborne says the government is determined to fight an anti-business culture as ministers seek to fend off criticism ...
Source : guardian-co-uk
18:10 : RBS boss Stephen Hester breaks silence on bonus row - Royal Bank of Scotland boss Stephen Hester has broken his silence after waiving a near-£1 million bonus, saying that recent media coverage about the bank had been personalised and discomforting.
17:55 : 'Prove critics wrong' under-fire RBS boss tells staff - LONDON (Reuters) - The boss of majority state-owned Royal Bank of Scotland urged his staff to "prove the critics wrong" and continue a clean-up that has cost 38 billion pounds in the past three years.
Source : reuters-com
17:23 : 'Prove critics wrong' under-fire RBS boss tells staff - LONDON, Feb 7 (Reuters) - The boss of majority state-owned Royal Bank of Scotland urged his staff to "prove the critics wrong" and continue a clean-up that has cost 38 billion pounds ($60 billion) in the past three years.
Source : reuters-com

Royal Bank of Scotland 06/02/2012

23:45 : Tesco's plan to take on High Street banks on hold as it delays current ... - It is thought that one of the sticking points was the supermarket's disastrous attempts last summer to switch 850,000 customers from its former partner RBS to its computer systems.

Royal Bank of Scotland 05/02/2012

22:18 : Bonuses: a culture in need of curbing | Editorial - If politicians are now waking up to voters' increasing intolerance of excessive remuneration, then it's about timeTo dismiss it as rough justice is to miss the point: public anger about the vast sums handed out to many bankers and bosses is great, growing ...
Source : guardian-co-uk
21:17 : Dubai abandons $10bn debt restructuring - Dubai's government has walked away from the $10bn debt restructuring of one of its biggest conglomerates, leaving creditors, including RBS, with exposure to potentially big losses.
Source : telegraph-co-uk
00:46 : City's bars and retailers gear up for the bonus season - Rewards may be down and sentiment against them, but bankers will still be flaunting the cash"We still do well in February – it's bonus season," says Holly Midwinter-Porter of Boodles, an upmarket jeweller opposite the Bank of England ...
Source : guardian-co-uk

Royal Bank of Scotland 03/02/2012

23:21 : RBS Chair Attacks 'Anti-Business Ministers' - Ministers should abandon a growing tendency to indulge in anti-business rhetoric or risk damaging Britain's economic recovery, the head of the state-controlled Royal Bank of Scotland (RBS) has warned.
Source : news-sky-com
22:57 : RBS to overhaul bosses pay deals in wake of public anger over lavish Stephe - Sir Philip Hampton, who is paid £750,000 a year, said that bankers have been paid far too much over the past ten years, while shareholder s have suf fered a 'nightmare'.
22:38 : RBS mulls bonus shake-up as pay gets 'out of hand' - The Royal Bank of Scotland is considering stripping Stephen Hester of his annual bonus and replacing it with a longer-term scheme that is "more robust against public opinion" in the wake of the furore over his near £1m award ...
Source : telegraph-co-uk
22:37 : RBS mulls bonus shake-up as pay 'out of hand' - Royal Bank of Scotland is considering stripping Stephen Hester of his annual bonus and replacing it with a longer-term scheme that is "more robust against public opinion" after the row over his near £1m award this year.
Source : telegraph-co-uk
21:45 : Chris Huhne, David Cameron and the RBS boss don't have it, but Al Gore ... - From bonuses to knighthoods, the leaders we put in high office prefer jaw-jutting certainty to thoughtful judgmentThe laws of contempt demand that we tread warily when assessing the matter of Chris Huhne's judgment. We can wonder if the now departed ...
Source : guardian-co-uk
20:11 : RBS and HSBC among banks probed by Swiss over Libor allegations - The Royal Bank of Scotland and HSBC are being investigated by the Swiss authorities over allegations they manipulated the interbank lending rates which may have distorted the price of trillions of dollars of securities.
Source : telegraph-co-uk
17:03 : From RBS to Starbucks, mum's the word on the shopfloor | Zoe Williams - I only wanted to know what RBS staff thought about Fred Goodwin, but in the current labour market the employer is a capricious king – so, to be safe, nobody says anythingAll I wanted was the view from the ground in Royal ...
Source : guardian-co-uk
14:23 : RBS Chair Attacks 'Anti-Business Ministers' - Ministers should abandon a growing tendency to indulge in anti-business rhetoric or risk damaging Britain's economic recovery, the head of the state-controlled Royal Bank of Scotland (RBS) has warned.
Source : news-sky-com
10:57 : RBS chairman defends Stephen Hester's near-£1m bonus - Sir Philip Hampton admits taxpayer-owned bank underestimated scale of public reaction to award of 3.6m shares to chief executive – which he has since waivedRoyal Bank of Scotland's chairman has defended the near-£1m bonus awarded to its chief executive ...
Source : guardian-co-uk
10:36 : RBS underestimated anger over Stephen Hester's bonus, chairman admits - Sir Philip Hampton, chairman of RBS, has admitted the bank underestimated the scale of public outrage over Stephen Hester's £1 million bonus and has said bankers pay has been "too high for too long".
Source : telegraph-co-uk
09:25 : Bankers' pay needs to be 'corrected' -RBS chairman - LONDON, Feb 3 (Reuters) - Pay in the banking industry has been high for too long and needs to be "corrected", the chairman of Britain's state-backed Royal Bank of Scotland told BBC Radio on Friday.
Source : reuters-com
08:57 : Bankers' pay needs to be 'corrected' - RBS chairman - LONDON (Reuters) - Pay in the banking industry has been high for too long and needs to be "corrected," the chairman of Britain's state-backed Royal Bank of Scotland told BBC Radio on Friday.
Source : reuters-com

Royal Bank of Scotland 02/02/2012

20:47 : Off with their knighthoods … after Fred Goodwin, who should be next? - Here are some suggested knights erring. Pitchforks not includedThis week's big news-effect announcement is that former RBS boss Fred Goodwin has been stripped of his knighthood. As pious chancellor George Osborne explained, ...
Source : guardian-co-uk
16:15 : Politics Weekly podcast: banker bashing; Europe; and the French election - With bankers' bonus season upon us again, the political class have been on the attack. First RBS boss Stephen Hester was pressurised into handing back his £1m worth of shares; then his predecessor Fred Goodwin was relieved ...
Source : guardian-co-uk
08:38 : RBS puts jobs at risk after Hoare Govett sale - Royal Bank of Scotland has sold stockbroker Hoare Govett to US investment banking group Jeffries for a nominal sum, as part of its plans to downsize its investment banking division.
Source : citywire-co-uk
02:20 : PRESS DIGEST - Financial Times - Feb 2 - Jefferies, the U.S.-based investment bank, on Wednesday confirmed its acquisition of Hoare Govett, the UK broker, from Royal Bank of Scotland. http://link.reuters.com/nug46s
Source : reuters-com
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Logo Royal Bank of Scotland

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