10/07/2012

RBS Faces New Shake-Up

The Royal Bank of Scotland is under pressure from a government body to shrink its global investment arm.

10/04/2012

Bank Says Temasek Misread U.K. Rules

To register its unhappiness with the bank, Temasek abstained from voting for the re-election of the nonexecutive directors to its board in May, a person familiar with the investment company said.

09/25/2012

Jobs cull as Europe's banks step up costs battle

European banks have admitted they have a cost problem, and must now show skeptical investors they are doing all they can to lead a profitable life without the crutch of bloated jobs, bonuses and business lines.