Your Search Returned 183 tagged news reports
Another 5,000 lawyers could find themselves out of work next year as City law firms undergo a new round of swingeing job cuts, bankers close to the profession have forecast. Royal Bank of Scotland, which handles the corporate bank accounts of 80 of Britain’s...
Tags: law firms, RBS, United Kingdom, London, Clifford Chance, Law firm, Allen & Overy, Royal Bank of Scotland Group, Magic Circle, Linklaters
Of the $40bn of total Dubai World debt, bankers close to the situation said RBS had between $1bn and $2bn of exposure, compared with about $1bn apiece for the other UK institutions. One senior banker with knowledge of the debt portfolio said Emirates...
Tags: Dubai World, Dubai Inc, uk banks, RBS, United Kingdom, London, Business Finance, Credit, Bond, Debt, Dubai, Developing countries' debt, HSBC
The Treasury has demanded control of Royal Bank of Scotland's bonus pot, it emerged today. As part of the terms of its deal to insure bad debts, the Government wants to dictate both the "quantum and shape" of the payouts at the bank for 2009, according...
Tags: RBS, UK Treasury, Royal Bank of Scotland, The Treasury, bonus pool, rbs bonus, direct intervention, United Kingdom, London, Fred Goodwin, Business Finance, Royal Bank of Scotland Group, UK Financial Investments Limited, Stephen Hester, Paul Myners Baron Myners, Goldman Sachs, Shareholder value, Tom McKillop, Muslim Commercial Bank
In a telephone interview, Paulus said the bank would focus particularly on building relationships with energy companies, drawing on its strength in areas such as project finance, and with financial institutions. Paulus said she was looking forward to...
Tags: Societe Generale, Fiona Paulus, RBS, United Kingdom, London, Iberdrola, Business Finance, Royal Bank of Scotland Group, ABN AMRO, Royal Bank of Scotland
From today, the bank, which is 70 per cent-owned by the taxpayer, plans to cap overdraft charges at 1.5 per cent for any business with a turnover of up to £25 million. RBS will cap loan arrangement fees for small business customers at 1.5 per cent and...
Tags: Federation of Small Businesses, RBS, United Kingdom, London, George Mathewson, Overdraft, Business Finance, Bank, Royal Bank of Scotland Group, National Westminster Bank, Royal Bank of Scotland
RBS, majority state-owned after receiving a British government bailout last year, said the EU deal had been amended so the bank will now cut its loan book through further disposals if it falls short of its 2013 balance sheet target by £30 billion pounds.
Tags: RBS, Belgium, Brussels, Business Finance, Royal Bank of Scotland Group, Royal Bank of Scotland
Given that syndicated loans bankers have had little to do in the past year (after all, you'd be mad to lend to dodgy companies in a recession, no? regardless of what the Government says), why not have a party? On Wednesday night, the 43 per cent taxpayer-owned...
Tags: Sir Tom McKillop, RBS, Lloyds Banking Group, United Kingdom, London, Tom McKillop, Business Finance, Currys, Pharmaceutical industry in China, AstraZeneca, HSBC, Dixons, DSG International plc, Health Medical Pharma, Lloyds Bank, Harrods, UCB, Royal Bank of Scotland Group
YOU might think bankers worry only about balance sheets, risk assessment and bonuses...Now a banker needs to take a stance on the rights of indigenous Canadians, foreign control of British industry, and the plight of jobless people during a recession.
Tags: political banks, rescued banks, RBS, United Kingdom, London, Lloyds Banking Group, Offshore finance, Finance, Tax haven, Business Finance, Bank, Royal Bank of Scotland Group, International taxation, Offshore bank
RBS chief executive Stephen Hester claimed there would be no more big cuts as he gave evidence to the banking inquiry being held in Holyrood...His comments came at the end of a month in which the largely state-owned RBS said it would be cutting 3,700...
Tags: RBS, executive stephen, chief executive, Stephen Hester, rbs chief, United Kingdom, Edinburgh, Business Finance, Royal Bank of Scotland Group, Royal Bank of Scotland, Fred Goodwin, Western Europe, Northern Europe, The Scotsman, Economy of Scotland, Island countries
As foreign institutional investors (FIIs) are pumping money heavilty into the Indian stock markets, the government is keeping a tight vigil. The government is little worried about the fact that a huge chunk of this investment is coming from from alleged...
Tags: Hong Kong, ANZ, RBS, tax havens, India, New Delhi, Tax haven, Investment, Participatory notes, Foreign Institutional Investor, Business Finance, Crore, Royal Bank of Scotland, Muslim Commercial Bank, Royal Bank of Scotland Group, Banks of Australia, Australia and New Zealand Banking Group