- India's got less PR than it deserves unlike China: Stephen Hester
RBS Group CEO Stephen Hester feels Indian companies and entrepreneurs are not capitalising on the scale of the market that India represents...
11 Jun, 2010, 03.56 AM IST
- Royal Bank of Scotland Q1 loss narrows
Royal Bank has reported a narrower loss in the first quarter due to a reduction in impairments on bad loans.
07 May, 2010, 07.55 PM IST
- Lloyds says chief executive gives up bonus
Lloyds Banking Group said that chief executive Eric Daniels has turned down his 2.3 million pound bonus for 2009, becoming the fourth top U...
22 Feb, 2010, 11.08 PM IST
- RBS chief Hester likely to get 1.6 mn pounds bonus: Report
The Royal Bank of Scotland, which is majority-owned by the British government, is expected to pay a bonus of nearly 1.6 million pounds to i...
21 Feb, 2010, 12.59 PM IST
- RBS records 1.53 bn pounds operating loss in Q3
The Royal Bank of Scotland, in which the UK government holds majority stake, has posted an operating loss of 1.53 billion pounds for the Se...
06 Nov, 2009, 06.00 PM IST
- Royal Bank of Scotland posts $3 billion Q3 loss
The announcement comes at the end of a week in which Britain's govt increased its stake in RBS to 84% in the wake of financial crisis. Top ...
06 Nov, 2009, 01.27 PM IST
- RBS gives new executive one million pounds in shares
Britain's Royal Bank of Scotland said Wednesday it had awarded shares worth one million pounds (1.6 million dollars, 1.1 million euros) to ...
10 Sep, 2009, 12.24 AM IST
- State-rescued bank RBS mired in bad debts
State-rescued Royal Bank of Scotland reported a five-fold jump in bad debts on Friday, warning they would stay "high for a while" and wrapp...
07 Aug, 2009, 04.50 PM IST
- RBS says bank chief defers chunk of pay package
The head of Royal Bank of Scotland, which is 70 percent owned by the state, has agreed to defer a chunk of his controversial pay package fo...
02 Jul, 2009, 05.03 PM IST
- RBS shareholders angry about new CEO pay deal
Shareholders in Royal Bank of Scotland PLC reacted angrily on Monday to a prospective pay deal for the new chief executive, which would giv...
22 Jun, 2009, 10.24 PM IST
- RBS reports 857 mn pound net loss
Royal Bank of Scotland, the British lender recently rescued by the taxpayer, reported Friday a first-quarter net loss of 857 mn pounds as w...
08 May, 2009, 12.38 PM IST
- Britain's ailing RBS to cut up to 9,000 jobs
Royal Bank of Scotland is to cut up to 9,000 jobs over the next two years, half of them in Britain, the state-controlled British lender sai...
07 Apr, 2009, 06.17 PM IST
- RBS to unveil 'brutal' cost-cutting measures
Royal Bank of Scotland is likely to unveil brutal cost-cutting exercise that may lead to further job cuts of 10,000-20,000. Pink slip blues...
15 Feb, 2009, 05.35 PM IST
- RBS to pay 1 bn pound in bonuses to staff: Report
The RBS is proposing to pay close to 1 billion pound in bonus to its staff, within months of it being rescued by the UK government.
08 Feb, 2009, 04.59 PM IST
- RBS likely to see 30,000 job losses, says report
A radical restructuring at the Royal Bank of Scotland may see as many as 30,000 job losses in the next three to five years, says a media re...
25 Jan, 2009, 02.15 PM IST
- RBS eyes sale of its 2-bn pound stake in Bank of China
Troubled lender Royal Bank of Scotland, which has been bailed out by the UK government, is considering sale of its about two-billion pound ...
08 Jan, 2009, 04.30 PM IST
- RBS approaches Standard Chartered's boss to be its Chairman
Standard Chartered boss Mervyn Davies, has been approached by headhunters and board members of Royal Bank of Scotland to become its Chairma...
28 Dec, 2008, 07.59 PM IST