RBS: 16 extra meetings to agree £1.3bn bonus pot

Filed Under (Finance News - Crawled Results) by User RSS submission on 18-03-2010

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The scale of Royal Bank of Scotland’s dilemma on bonuses has become clear as
the bank revealed that its remuneration committee, which decides on staff
pay, met five times more than usual last year.



CDS report: S&P eases up on Greece

Filed Under (Finance News - Crawled Results) by User RSS submission on 16-03-2010

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European credit indices tightened today but both the equity and credit markets struggled to gain momentum. The Markit iTraxx Europe index was trading around 75bp, about 1.5bp tighter…



Rebranding RBS

Filed Under (Finance News - Crawled Results) by User RSS submission on 10-03-2010

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Here’s something Stephen Hester of RBS might want to consider: a name change.

Fortis, which like RBS was virtually destroyed by the ill-fated acquisition of ABN Amro, has…



The FSA says now is not time for (bank) bondage

Filed Under (Finance News - Crawled Results) by User RSS submission on 10-03-2010

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Here’s something we missed on Monday: the FSA’s liquidity bondage for banks is no longer — or at least, it’s not for a while.

As the UK financial regulator announced…



Deconstructing the ‘buy’ case on UK banks

Filed Under (Finance News - Crawled Results) by User RSS submission on 09-03-2010

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If there is one thing UK banks agree on at the moment it is this: impairment charges have peaked. Barclays, Lloyds Banking Group, HSBC and RBS all said as much in their respective results statements….



BAA keeps roof on with mortgages

Filed Under (Finance News - Crawled Results) by User RSS submission on 08-03-2010

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TO LET. Chocolate box four bed in Essex. Well situated for local airport.
Particularly suit hard of hearing.



Chinese demand spurs Shell bid for Arrow’s coal gas

Filed Under (Finance News - Crawled Results) by User RSS submission on 08-03-2010

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China’s new-found thirst for gas is behind Shell and PetroChina’s A$3.3bn
(£2bn) bid for Australian producer Arrow Energy, according to analysts.



Bob the Bull

Filed Under (Finance News - Crawled Results) by User RSS submission on 08-03-2010

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Clearly Bob Janjuah’s guest editing slot on Alphaville has had a profound effect.

He’s turned bullish!

I know I will always be labelled a perma-bear, and I have given…



RBS seeks China licence

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Royal Bank of Scotland is seeking a securities licence in China in a push to overhaul its mainland business after the dismantling of a key strategic partnership with Bank of China….



Weekend catch-up

Filed Under (Finance News - Crawled Results) by User RSS submission on 08-03-2010

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In case you missed these stories:

Glencore pledges to sell $1bn in assets
Glencore, the world’s biggest commodities trader, on Friday pledged to sell at least $1bn in assets…