12/19/2011
The Angus Reid poll, carried out by Vision Critical, found a similar picture across the whole of the UK, with more than half saying Goodwin no longer deserved the title, which was bestowed at Buckingham Palace on the orders of then Prime Minister Tony Bla
12/19/2011
Consultants from McKinsey & Co are advising on the restructuring, details of which were last week discussed at a meeting of the bank’s board.
12/19/2011
Glasgow will now host the penultimate round of the Series from May 5 and 6 next year and the Lapasset, recently re-elected as chairman of the IRB for another four-year term, has expressed his delight.
12/19/2011
The Co-op was last week named the preferred bidder over NBNK Investments for a package of branches, including the 185 Lloyds TSB Scotland outlets north of the Border.
12/16/2011
New York City is bracing itself for more job cuts on Wall Street as banks face a still sluggish US economy, the prospect of a recession in Europe and tougher capital requirements.
12/16/2011
Positions will go across all layers of the business and geographies, said Morgan Stanley. The bank, which employs just over 60,000 people including several thousand in the City of London, has seen its shares tumble by almost half this year as investors wo
12/15/2011
The bank says the rationale behind the move is that emerging markets represent a 45% share of wallet of global FX industry revenues.
12/09/2011
At least one—the Central Bank of Ireland—is evaluating whether it needs to secure additional access to printing presses in case it has to churn out new bank notes to support a reborn national currency, according to people familiar with the mat
12/09/2011
After getting stung by the U.S. financial crisis that accompanied the recent recession, companies are bracing for a possible worsening of Europe's debt crisis that could make it harder to borrow money.
12/09/2011
Stress tests by the European Banking Authority gave British lenders a clean bill of health but showed a shortfall on the Continent of €114.7billion (£97.8billion).
12/09/2011
Standard Chartered's corporate finance and wealth management divisions have been its weakest performers.
12/09/2011
Partner Barry Norris has introduced around 3 per cent exposure to Banca Intesa, BNP Paribas and UBS, which marks the fund’s first eurozone bank exposure in four years.
12/08/2011
There is looming recognition at 10 Downing Street that if the euro falls, Britain will sink along with everyone else.
12/08/2011
NAMA was set up as a “bad bank” in the midst of Ireland’s banking crisis to enable the country to create new banks unencumbered with toxic loans.
12/08/2011
Instead of reducing loans on their balance sheets, which could starve the wider economy of credit, they should build up their capital reserves, possibly by tapping shareholders, the FPC added.
12/07/2011
The resulting income erosion has prompted the government to tackle what it has called "debt slavery".
12/06/2011
The bank's former directors include Sir Tom McKillop, who was RBS's chairman, and Sir Fred Goodwin, who orchestrated its expansion as chief executive.
12/06/2011
The amount of the deal with Bank Republic was not disclosed
12/05/2011
For most front office bankers, bonuses are set to fall sharply and reward pools could shrink by up to 70 percent after a turbulent six months for markets.
12/05/2011
KPMG picked up the Audit Award of the Year for its work with a new client, with the judges recognising that the firm had provided “innovative ways of adding value” and done so quickly.