Arts Alerts (Free subscription) | yesterday
News Alert 3 July 2009 Front Page UK World Companies Markets Lex Comment Business Life Weekend Company: Royal Bank of Scotland Group PLC (RBS:LSE) Frequency: Immediately July 03, 6:35pm David Schwartz: Trader's Diary Two weeks have passed since the Royal Bank of Scotland announced a £9.6m pay package for its new chief executive. It was a jaw-dropper then and it still is, in spite of efforts to...
Arts Alerts (Free subscription) | yesterday
News Alert 3 July 2009 Front Page UK World Companies Markets Lex Comment Business Life Weekend Company: Royal Bank of Scotland Group PLC (RBS:LSE) Frequency: Immediately July 03, 5:40pm Banking stocks help FTSE hold steady London equities ended even, after the previous session's sharp selling encouraged a measure of bargain hunting in the financial sector, while poor US jobs data weighed down on miners...
Rector's Ramblings (Free subscription) | yesterday
From Ekklesia: Britain’s largest retailer Tesco will today come under fire over 7p an hour garment workers in Bangladesh as shareholders prepare to hail the company’s record £3 billion profits at its annual meeting. The Church of England is a major shareholder with an investment of £27.5 million in the company, according to the last annual report of the Church Commissioners....
Anforme Limited (Free subscription) | yesterday
Another day, another nationalisation. Following on from Northern Rock and the partial nationalisations of the Royal Bank of Scotland and the newly merged HBOS and Lloyds TSB, the government has now taken the East Coast rail franchise into state hands. The East Coast Franchise covers the route from London to Edinburgh and is one of the [...]
News.com.au (Free subscription) | yesterday
ANZ Bank and British bank Standard Chartered are reportedly set to divide up the Asian assets of embattled Royal Bank of Scotland.
The Daily Record (Free subscription) | yesterday
ROYAL Bank of Scotland boss Stephen Hester has agreed to wait five years before picking up a £3.4million bonus.
News.com.au (Free subscription) | 02/07/2009
ANZ and British bank Standard Chartered are set to divide up the Asian assets of embattled Royal Bank of Scotland, it was reported today.
Arts Alerts (Free subscription) | 02/07/2009
News Alert 2 July 2009 Front Page UK World Companies Markets Lex Comment Business Life Weekend Company: Royal Bank of Scotland Group PLC (RBS:LSE) Frequency: Immediately July 02, 9:45pm Standard Chartered needs Peace They searched far. They searched wide. They considered more than 50 candidates. But in the end, Standard Chartered's directors chose as chairman a man with no direct commercial banking...
SeekingAlpha.com (Free subscription) | 02/07/2009
David Hunkar submits: The following are the 25 most profitable banks in the world based on their 2008 earnings as per The Banker magazine: Rank Bank Country Ticker 1 ICBC China 2 China Construction Bank Corp China 3 Santander Central Hispano Spain STD 4 Bank of China China 5 BBVA Spain BBV 6 HSBC Holdings UK HBC 7 Barclays Bank UK BCS 8 Agricultural Bank of China China 9 UniCredit Italy 10 Royal Bank...
Sterling Performance (Free subscription) | 02/07/2009
The state sector is growing at private companies’ expense. The Post Office is to remain state-controlled and the East Coast rail line has been nationalised. They sit in a UK government portfolio already boosted by the addition of Northern Rock, Royal Bank of Scotland, Bradford & Bingley, almost half of Lloyds and Railtrack. The government remains [...]
The Guardian (Free subscription) | 02/07/2009
• Celebrity chef sells Ferrari to inject funds into business • Pretax profits tumble from £3.05m to £383,325 Profits at Gordon Ramsay's UK restaurants have plunged by nearly 90% and the celebrity chef has been forced to pump his own money into the business. Ramsay's latest company accounts show the restaurant chain came close to the brink as revenues collapsed while debt and...
Mabinogogiblog (Free subscription) | 02/07/2009
Well I'll be dipped in dogshit. They just don't get it do they? The Treasury last week agreed a package worth up to £9.7m for RBS chief executive Stephen Hester, who will receive a bonus of more than £6m if he can double the people-owned RBS share price over the next thee years. "Lord" Myners grinds his aristocratic molars in impotent fury at this blatant disregard for political...
Banking Times: Daily Banking News (Free subscription) | 02/07/2009
Royal Bank of Scotland (RBS) chief executive, Stephen Hester, has agreed to moderate his £9.6 million remuneration package, set up in the past fortnight. Mr Hester will delay taking part of his bonus in RBS shares until 2014, an extension of two years. The £3.4 million element of the package is linked to share price targets and [...]
Market Watch (Free subscription) | 02/07/2009
LONDON (MarketWatch) -- Stephen Hester, the CEO of Royal Bank of Scotland will hold the shares he receives under his 9.7 million pound ($15.9 million) pay package for an extra two years, the bank said. Hester receives a basic salary of 1.2 million pounds a year and will get stock awards of up to 6.5 million pounds, with the maximum amount only being payable if the bank's share price reaches 70 pence...
Arts Alerts (Free subscription) | 02/07/2009
News Alert 2 July 2009 Front Page UK World Companies Markets Lex Comment Business Life Weekend Company: Royal Bank of Scotland Group PLC (RBS:LSE) Frequency: Immediately July 02, 9:45am StanChart names Peace as chairman John Peace has been confirmed as permanent chairman of Standard Chartered. Mr Peace, one of the contenders for the job at the bank alongside Sir Win Bischoff - who is being lined up...
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