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Saturday, 4th July 2009

Banking & Insurance

HBOS chief new man at the Pru A FORMER HBOS manager has been named as the new chief executive of Prudential in the UK and Europe.

Bank boss agrees to defer £3m bonus ROYAL Bank of Scotland boss Stephen Hester has agreed to defer part of his controversial £9.6 million pay packet after it provoked outrage last week.

Applecross boss attacks bank tactics THE former chairman of collapsed housebuilder Applecross has launched a scathing attack on the Bank of Scotland for putting his firm into receivership three days before payday.

Cautious optimism in financial services, but tough year ahead BATTERED, beleaguered and besieged it may be, but the first sign that the UK's financial services industry could be on the road to a "gradual recovery" emerges today.

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BoS tipped to scale back Irish division

Bank has Cunning plan to replace Ogston

Lloyds' bad debt to grow

Standard Life welcomes second woman director to board

Hester set for £1.6m bonus if shares rise 4p

Hester in line for multi-million pound pay day if RBS turnaround is completed

Aviva sells off Australia arm

Banks face bill for billions in ruling on fees

Bank of Scotland targets small businesses with loan-friendly campaign

Shore Capital's founder Howard Shore tells why his boutique investment house can thrive in battered Edinburgh

Aviva's finance chief in surprise departure

Row over actuaries merger bid

Bank sees mortgage applications soar

HSBC appoints Scottish head

Nationwide bid backed

RBS chief to rein in loans on property

Mortgage lenders increased fixed rates

Lloyds set to write off £450m debt

Golden hello for Hester to be reviewed

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