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Firm Spotlight

The Royal Bank of Scotland

The Royal Bank of Scotland Group is a British banking and insurance holding company.

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KEY FACTS
Founded: 1727
Headquarters: Edinburgh, Scotland, United Kingdom
Products: Finance and insurance, Consumer Banking, Corporate Banking
Website: www.rbs.co.uk

THE ROYAL BANK OF SCOTLAND ON HITC

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Financial Markets

Union Comments On Leaked RBS Email

Now the union is having a bash at Royal Bank of Scotland.

Hand On Keyboard

Financial Markets

Red Faces Over E-Mail That Revealed Pay For 3,000 Top Firm Contractors

Oh dear. Sh.t sometimes happens.

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People & Firms

RBS Hires Head Of Technology Based Trading In Forex

London - The Royal Bank of Scotland (RBS) plc has announced the appointment of Ed Mount as head of FX Technology Based Trading in its Global Banking & Markets division in London, reporting to Tim Carrington, head of global FX.

Peanuts Pay Packet

Financial Markets

Top Firm Tinkers With Comp, Admitting 'Some Remuneration Challenges'

Times have been a bit tougher over at Macquarie over the last couple of years. The firm that did so well it became known as the 'Millionaires Factory' has lost a bit of its lustre - and a few of its staff, who have shipped out to rivals.

Cash

Financial Markets

Firm Staff Move Quickly To Cash In Bonus Money

Staff over at The Royal Bank of Scotland are said to have 'rushed' to cash in bonus payments that vested Monday, helping to push down the company's shares by some 4%.

Gavel

Financial Markets

JPMorgan & Royal Bank of Scotland Sued For Over $800m Damages

The US National Credit Union Administration (NCUA) has filed two suits against securities firms alleging violations of federal and state securities laws and misrepresentations in the sale of hundreds of securities. Additional law suits may follow in order to recover losses from the purchase of securities that caused the failures of five, large wholesale credit unions.

I Love You

Financial Markets

Sir Fred's 'Harmless' Lover, Raj 'A Loving Human Being'

Here's a couple of brief items making the news.

Fork In The Road

Financial Markets

Hester Said To Have Made A Decision About His RBS Future

The Financial Times reports that Stephen Hester, CEO over at The Royal Bank of Scotland (RBS), is believed to have told senior colleagues that he plans to remain at the helm at the bank until at least 2013. And it is thought he may end up staying another 8 years, taking him up to the age of 60.

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People & Firms

RBS Strengthens India Equities Business With Senior Hire

The Royal Bank of Scotland Group (RBS) today announced the appointment of Devesh Kumar as Head of Equities, India in a further move to grow the Equities business in India and the region.

Shake It Baby

Financial Markets

Citi Shake-Up, RBS Service 'Going Down The Toilet', BofA Spinoff

The Financial Times reports that Citigroup has 'shaken up' its equities management ranks, promoting Mike Pringle to global head of trading, while Adrian Faure will take up a new role as global head of emerging markets, based in Hong Kong.

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