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Monday 15 February 2010
Saturday 16 January 2010
Politicians today expressed bemusement and "disgust" after it emerged that former Royal Bank of Scotland boss Sir Fred Goodwin started a new job at an architectural firm.
Thursday 14 January 2010
City minister Paul Myners yesterday came out with a show for support for embattled Royal Bank of Scotland.
Sunday 10 January 2010
Thursday 03 December 2009
'The bank is still operating as if it is a private bank' says the Liberal Democrat Treasury spokesman in row over bonuses.
Wednesday 04 November 2009
Sunday 18 October 2009
Bonuses and salaries totalling nearly £4bn are to be handed out to employees of the state-owned Royal Bank of Scotland (RBS) this year, it emerged last night.
Thursday 15 October 2009
Outlook Lord Myners hasn't always "got" the issues at stake in the debate over City pay, failing to spot the incendiary nature of Sir Fred Goodwin's pension boost at Royal Bank of Scotland last year. But the urgency with which he is now tackling City bonuses, yesterday summoning representatives of international banks for a summit on pay, suggests he has wised up.
Sunday 11 October 2009
Former directors of the Royal Bank of Scotland, including Sir Fred Goodwin, could be sued for up to £9bn after shareholders announced plans to take legal action against the bank.
Sunday 11 October 2009
A friend of mine, a clever, civilised man, once worked as a private banker to Fred Goodwin, during his reign of madness at Royal Bank of Scotland. My friend's field was not actually customer relationships, but Goodwin insisted that he would deal only with the most senior person in the bank where my friend worked.
Friday 02 October 2009
Outlook One by one, disgraced bankers are hitting the comeback trail. In the US, the former boss of Lehman Brothers, Dick Fuld, has been gainfully employed by a hedge fund since April. Back home, Andy Hornby, the former HBoS chief, is back in post running Alliance Boots. Now even Adam Applegarth, under whose stewardship Northern Rock became the first British bank to experience a run for more than a century, has picked up a new berth, advising a fund run by the US private equity group Apollo. It specialises in non-performing loans – a niche with which Northern Rock is now all too familiar.
Monday 14 September 2009
Wednesday 26 August 2009
Outlook This paper warned yesterday that Britain's biggest banks would make further cuts to the pension schemes they offer rank and file staff, and within hours Royal Bank of Scotland was doing just that.
Tuesday 25 August 2009
Banking giant RBS is planning to cap increases in the pensions of over 60,000 workers in a "body blow" to its staff, it was revealed today.
Saturday 15 August 2009
Albemarle pulls the Woolies over our eyes
The pawnbroker Albemarle & Bond announced it was all change at the top earlier this week. The chairman, Charles Nicolson, stepped down to be replaced by his chief executive Greville Nicholls.
Durham Free School: 'Creationism taught at' free school facing closure
Nearly 100,000 of Britain's poorest children go hungry after parents' benefits are cut
Ukip would cut billions from Scottish budget to fund English tax cuts
End of the licence fee: BBC to back radical overhaul of how it is funded
Ukraine crisis: Top Chinese diplomat backs Putin and says West should 'abandon zero-sum mentality'
Boris Nemtsov shot dead: Outspoken Putin critic who had expressed fears for his life is killed near the Kremlin
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