The boss of a taxpayer-funded bank has been awarded a bonus worth £963,000, around 60% of his entitlement, following political pressure to limit the payout.Read
Taxpayer-funded Royal Bank of Scotland has seen its shares climb five per cent after announcing its biggest ever single disposal – the sale of its aircraft leasing business for nearly £5 billion.Read
Quarterly results from Barclays and Royal Bank of Scotland will provide focus this week while economic growth figures for the third quarter will provide a highly-anticipated insight into the health of the UK recovery.Read
The FTSE 100 Index is on track to suffer one of its worst weeks since the height of the banking crisis in October 2008 after suffering further falls today.Read
Union leaders have warned that confirmation of 700 job losses at three Royal Bank of Scotland sites, including Telford, would be "devastating" for the local communities.Read
Multi-million pound banker Stephen Hester says he wishes he was “unknown” to the public – and has spoken of his frustration at the storm over his salary package.Read
The Government did not do enough to punish taxpayer-backed banks when they failed to hit targets for lending to small businesses, according to MPs.Read
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