Bank Complaints Soar To Record High

PA/The Huffington Post UK | Posted 03.09.2013 | UK

Banking misconduct has sparked an increase in complaints to a record high as a huge insurance mis-selling scandal continues to weigh on the industry. ...

RBS Caught Out By 'Fake Bond Trader'

Bloomberg | Asa Bennett | Posted 06.08.2013 | UK

KK Ho appeared out of nowhere last year on the Royal Bank of Scotland Group Plc’s London trading floor. He had freshly printed business cards ide...

Asa Bennett

Where Have All The British Bankers Gone?

HuffingtonPost.com | Asa Bennett | Posted 02.08.2013 | UK

The Royal Bank Of Scotland revealed today that New Zealander Ross McEwan would take over from Yorkshireman Stephen Hester as chief executive on Octob...

Kiwi Named As Head Of RBS

PA/The Huffington Post UK | Posted 01.10.2013 | UK

The Royal Bank Of Scotland has named Ross McEwan, a retail banking boss, as the successor to outgoing chief executive Stephen Hester. Mr McEwan, o...

RBS And Lloyds ‘Crucifying' Customers

The Huffington Post UK | Asa Bennett | Posted 01.08.2013 | UK Politics

Vince Cable has received a stark report from his business adviser documenting businesses that have suffered from abusive banking support from governme...

How Many Tips Have Sparked Corporate Fraud Investigations?

The Huffington Post UK | Asa Bennett | Posted 26.07.2013 | UK

Calls to the Serious Fraud Office’s whistleblower hotline have failed to lead to any official investigations. The "SFO Confidential" service rec...

‘RBS And Lloyds Must Lend Or Be Broken Up'

The Huffington Post UK | Asa Bennett | Posted 15.07.2013 | UK Politics

The government should use its stake in Lloyds Banking Group and the Royal Bank of Scotland to force them to lend more to firms, coalition adviser and ...

Business in an Independent Scotland - Too Many 'Known Unknowns'

Ann McKechin | Posted 28.08.2013 | UK Politics
Ann McKechin

The prospect of an independent Scotland has given rise to a host of tricky questions. Very little precedent exists in international law for some of the changes which would need to take place if Scotland became independent, and businesses are rightly worried about the consequences of a 'yes' vote in 2014.

Lloyds Sell-Off 'Actively Considered' By Treasury

PA | Posted 19.06.2013 | UK Politics

The Treasury is "actively considering" steps to return partially state-owned Lloyds bank to the private sector, and may offer some shares to the publi...

Banking Reform - Where Next?

Iain Anderson | Posted 19.08.2013 | UK Politics
Iain Anderson

The most immediate question, of course, is: how much of the report will be implemented? The sweeping nature of the proposals, across criminal sanctions, accountability, remuneration, competition, governance and regulation means that even doing half of it would be a serious legislative undertaking.


Evelyn Robert de Rothschild | Posted 17.08.2013 | UK
Evelyn Robert de Rothschild

The news that came that the chief executive of RBS will stand down and yet no announcement for a new one seems to be something that troubles many people.

George Osborne 'Not Directly Involved' In Resignation Of RBS' Stephen Hester

The Huffington Post UK | Posted 13.08.2013 | UK Politics

The government has insisted it did not force the Royal Bank of Scotland to get rid of chief executive Stephen Hester, who surprised markets with his r...

RBS Slashes 2,000 Jobs As Share Price Tumbles

PA/The Huffington Post UK | Posted 13.08.2013 | UK

Royal Bank of Scotland confirmed plans for the loss of 2,000 investment banking jobs today as its shares tumbled on the back of chief executive Stephe...

Hester Is Off

PA/The Huffington Post UK | Posted 12.08.2013 | UK

Royal Bank of Scotland chief executive Stephen Hester is to step down from the group later this year. The subject of numerous 'fat cat' headlines, ...

'A Desperate Gamble'

The Huffington Post UK | Tom Moseley | Posted 27.05.2013 | UK Politics

George Osborne's plans to hand shares in the Royal Bank of Scotland to the public will mean the deficit swells by billions of pounds, Ed Balls has cla...

RBS Swings Out Of The Red

PA/The Huffington Post UK | Posted 03.05.2013 | UK

Taxpayer-backed Royal Bank of Scotland said the government should be able to start selling off its stake within a year as the bank reported its best q...

Ex-HBOS Boss Quits Job With Private Equity Firm

PA | Posted 05.04.2013 | UK

Former HBOS chief executive Sir James Crosby has stepped down from his role with private equity firm Bridgepoint following a damning report into the c...

Worse Than Fred The Shred?

PA/The Huffington Post UK | Posted 05.04.2013 | UK

Bankers who ran HBOS in the run-up to its dramatic collapse are ultimately to blame for its failures, and should never be allowed to work in the finan...

RBS And Barclays Reveal More Than 500 Staff Earned Over £1m

PA | Posted 08.05.2013 | UK

The scale of mammoth pay packages in the banking industry was laid bare today as Royal Bank of Scotland and Barclays revealed that over 500 workers be...

PIC: NatWest Fail - What Customers Saw

The Huffington Post UK | Posted 07.03.2013 | UK Comedy

Royal Bank Of Scotland and NatWest have been hit by more problems, after customers were unable to access their accounts. Here's what they saw at cashp...

RBS Apologises After Technical Problems Leave Customers Without Cash

PA/The Huffington Post UK | Posted 06.05.2013 | UK

The RBS banking group has apologised to its millions of customers after a technical problem left them unable to access accounts or withdraw money for ...

RBS Plan Is 'A Nonsense', Scolds Mervyn King

The Huffington Post UK | Charlie Thomas | Posted 06.03.2013 | UK

Sir Mervyn King dismissed the Royal Bank of Scotland's turnaround strategy as "a nonsense" and called for the bank to be split in two to make it easie...

Boris on Bonuses: Like Swiss Cheese, Full of Holes

Dr Prateek Buch | Posted 03.05.2013 | UK Politics
Dr Prateek Buch

Coming days after RBS announced a £607m bonus pool to "reward" staff for losses of £5bn, Boris' defence of the banking industry is in itself deluded - and as far as the UK economy is concerned, self-defeating.

RBS Bonus Pot Tops £607m Despite £5.2bn Losses

PA/The Huffington Post UK | Posted 28.02.2013 | UK

Scandal-hit Royal Bank of Scotland revealed staff bonuses of £607 million in 2012 despite losses of £5.2 billion after a "chastening" year. The l...

Vince Cable's RBS Plan: If You See Sid, Con Him

Adrian Ash | Posted 23.04.2013 | UK Politics
Adrian Ash

You remember Sid, right? Back when what then passed for the commanding heights were being privatised in the late 1980s, ad agency BMP got taxpayers' money to convince taxpayers to buy shares in the taxpayer-owned British Gas. No doubt Vince Cable is already taking pitches today from Soho ad agencies wanting to help him giveaway shares in the taxpayer-owned Royal Bank of Scotland.