David Cameron has raised the prospect that Royal Bank of Scotland could be returned to the private sector at a loss to the taxpayer through a share sale to the public.
The chairman of Royal Bank of Scotland conceded under tough questioning from the bank's shareholders Tuesday that he could not guarantee an end to the rash of 'skeletons in the cupboard' which have plagued the taxpayer-funded bank over the last few years.
Job losses and branch closures are looming at the Royal Bank of Scotland, the chairman of the bailed-out bank has warned as shareholders accused the bank of having "cosy" and "unsustainable" pay deals.
Royal Bank of Scotland could be poised to release potentially lucrative bonuses to a handful of top bankers from a share-based scheme put in place three years ago.
The most senior woman at Royal Bank of Scotland is to retire from the US operations of the bailed out bank in October – and could walk away with millions of pounds.
Would you feel uplifted if the state sold some shares in Royal Bank of Scotland at a loss ?
Just outside Rory Cullinan's office hangs a vast graphic display: five metres long, covered in brightly coloured bubbles, each filled with big numbers and carrying names such as Spaghetti, Jupiter, Tess, Birch and Half Moon.
Royal Bank of Scotland has posted its first quarterly profit since 2011 as impairments on souring loans dwindled.
"It could be earlier. We think the recovery process will be complete in about a year or so's time," Hampton said.
Scotland's chief legal officer has rebuked Vince Cable for intervening in Scottish prosecutors' deliberation about whether or not to take action against the directors of Royal Bank of Scotland (RBS) at the time of the taxpayer bailout in 2008.
RBS Global Banking & Markets delivers financing, risk management and investment services to corporations, governments and financial institutions around the world.
The chairman of Royal Bank of Scotland conceded under tough questioning from the bank's shareholders Tuesday that he could not guarantee an end to the rash of 'skeletons in the cupboard' which have plagued the taxpayer-funded bank over the last few years.
Job losses and branch closures are looming at the Royal Bank of Scotland, the chairman of the bailed-out bank has warned as shareholders accused the bank of having "cosy" and "unsustainable" pay deals.
David Cameron has raised the prospect that Royal Bank of Scotland could be returned to the private sector at a loss to the taxpayer through a share sale to the public.
Royal Bank of Scotland could be poised to release potentially lucrative bonuses to a handful of top bankers from a share-based scheme put in place three years ago.
Royal Bank of Scotland (RBS) has appointed Helen Gordon as Head of West Register, RBS's investment company which acquires property from financially distressed situations and creates value with a view to exiting when market conditions determine.
