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Sunday 03 October 2010
Friday 10 September 2010
So who's gone and hired one of America's 'worst CEOs'.
Friday 03 September 2010
Outlook Barely a week goes by without yet more job losses at Royal Bank of Scotland. Another 3,500 posts were trimmed yesterday. The total (as estimated by the Unite union) is at 21,500 since 2009. Some of the latest batch come as a consequence of the forced sale of more than 300 branches to Banco Santander. But many more are part of a continuing programme of lay-offs as Stephen Hester grapples with the wreckage left by his predecessor, Sir Fred Goodwin.
Saturday 14 August 2010
The Obama administration can't quite help itself.
Friday 13 August 2010
A German banker?
Wednesday 11 August 2010
Earnings of executives at Britain's leading companies are largely determined by a band of part-time directors whose job it is to oversee the way a company is run and ensure that those with day-to-day control act in the best interest of shareholders.
Wednesday 04 August 2010
Royal Bank of Scotland suffered a major embarrassment yesterday when the state-owned bank was fined a record £5.6m by the City watchdog for failing to ensure that funds were not transferred to people under Treasury sanction.
Tuesday 29 June 2010
Tuesday 15 June 2010
Monday 31 May 2010
Never let it be said that Roger Bootle's Capital Economics does not say what it thinks, even if it subsequently remembers to moderate its language. Issuing its latest thoughts on last week's global economic outlook from the Organisation for Economic Co-operation and Development, the think-tank admits: "Our initial response to the OECD's recommendation that UK interest rates should rise to 3.5 per cent by the end of next year ('completely mad') may have been a bit extreme."
Sunday 16 May 2010
Sir Stelios Haji-Ioannou, who last week resigned from the board of easyJet in a dispute over strategy, is now facing a struggle to persuade other investors to join his activist campaign.
Saturday 08 May 2010
Thursday 29 April 2010
Royal Bank of Scotland was forced into an embarrassing climb-down over its executive remuneration policy yesterday, bowing to shareholder pressure to make bonus targets tougher.
Friday 26 March 2010
Matthew Greenburgh, the man dubbed Fred Goodwin’s banker after advising on a string of deals for the former Royal Bank of Scotland chief executive, has today quit Bank of America Merrill Lynch
Friday 19 March 2010
Outlook So farewell then, Sir Stuart Rose – or at least it will be when Marks & Spencer's executive (soon to be non-executive) chairman finally bows out of the company next March. Who, though, is the right man, or woman, to succeed Sir Stuart?
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