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Banking

RBS

Financial Markets

RBS Bankers Receive £2.7m in Shares as Bonus

Four top bankers at Royal Bank of Scotland have been handed £2.7m in shares from bonuses that were awarded to them by the bailed-out bank three years ago.

American Flag

Financial Markets

EU Bank Bonus Cap To Put Pressure On US

As EU regulators mull introducing the world's strictest bonus cap, the president of the European parliament told CNBC that the plan could put pressure on the U.S. to follow suit.

Pulling Hair

Financial Markets

Getting A Small Bonus 'Is A Psychological Slap In The Face'

Shrinking pay packets are the primary sources of stress in the banking sector as financial professionals face longer hours and unachievable deadlines without the prospect of a big bonus at the end of it all.

Featured Deal For CHICAGO

Two Water Park Passes at Vernon Hills Park District Family Aquatic Center

Sand, lounge chairs, and crystal clear water make the beach a great getaway -- but add a lazy river and three water slides, and you've got something even better: • $12 ($24 value) for two passes to the aquatics center • Leisure pools have lap lanes for serious swimmers and waterfalls for kids • Valid from May 25 to September 2 Perfect for All Ages Chill out in the 700-foot lazy river, or go for a dip in the leisure pool -- the sprays and jets are certain to drop your temperature and raise your spirits.

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Deutsche Bank - Foyer

Financial Markets

Deutsche Bank - Up To Their Necks In Litigation'

Deutsche Bank is asking investors to replace three non-bankers supervising its executives with finance and legal experts after litigation-related costs eroded profit last year.

For Sale Sign

Financial Markets

IMF Urges Treasury To Speed Up Sale Of Lloyds and RBS

Speculation about a government sell-off of Royal Bank of Scotland and Lloyds Banking Group was escalating on Tuesday night amid reports that the International Monetary Fund is urging the Treasury to accelerate its disposal of the £65bn stakes in the two bailed-out banks.

Pot Of Gold

Financial Markets

EU Bonus Cap Could Double Bankers Salaries City Regulator Warns

Warning - your base salary could double.

HSBC Canary Wharf

Financial Markets

Ex-Goldman Sachs Boss Quits HSBC Role

John Thornton, the former boss of Goldman Sachs, is resigning as a non-executive director of HSBC before the bank's annual general meeting on Friday, citing his "expanded responsibilities" at other businesses where he has senior roles.

Toilet Sign

Financial Markets

Global Head of Equities ? No, Actually I Clean The Toilets!

If you work for an investment bank, you may feel that a grandiose job description is your due - but be careful.

Blowing Whistle

Financial Markets

Whistleblowing Bankers ‘Ignored’ and ‘Victimised’ by Employers

More than three quarters (77%) of whistleblowers from the financial services industry are ignored when they first raise concerns, according to research conducted by whistleblowing charity Public Concern at Work with support from law firm Slater & Gordon.

Hot Seat

Financial Markets

Angry JP Morgan Shareholders Seek To Strip Jamie Dimon Of Chairmanship

JP Morgan faces an angry shareholder revolt this week as investors attempt to strip boss Jamie Dimon of the chairmanship of the banking giant.

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