Barclays Bonuses Needed to P...

March 05, 2014

Barclays has defended its lucrative executive bonuses as a necessary part of running a global investment bank. The bank’s chief executive, Antony Jenkins, is preparing to explain to critics the impo...

RBS at Risk of Credit Rating...

February 12, 2014

Royal Bank of Scotland could face a ratings downgrade from one of the world’s top credit ratings agencies, according to a new report in The Telegraph. The bank faces the possibility of a ratings dow...

‘Huge’ RBS Cost Cuts on...

January 15, 2014

Thousands of Royal Bank of Scotland staff could lose their jobs as the Edinburgh-based bank plans another round of cuts. Approximately 40,000 RBS workers have already been made redundant as the bank,...

European Commission Fines Ei...

December 06, 2013

Eight banks, including UK-based RBS, have been fined for taking part in illegal cartel action to fix interest rates. The banks fixed rates for financial derivatives, causing an increase in pricing for...

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