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Saturday, 17th May 2008

Banking & Insurance

Saturday Profile: Gerry Grimstone FOR his first annual general meeting presiding as chairman of Standard Life, Gerry Grimstone will be on crutches. He originally thought he'd strained a muscle until his Achilles' tendon snapped, landing him in a wheelchair for weeks.

RBS auction off Buffett's menu US BILLIONAIRE Warren Buffett's Berkshire Hathaway investment vehicle is understood to have pulled out of the bidding in Royal Bank of Scotland's multi-billion-pound auction of its UK insurance business.

Barclays leaves question mark over cash call THE prospect of another major banking rights issue loomed last night as Barclays refused to rule out making a cash call demand of its investors.

RBS shares plunge on going ex-rights-issue ROYAL Bank of Scotland's shares fell 13.6 per cent, or 43.25p, to 276p yesterday as the stock went "ex-rights-issue".

More Stories

HBOS extends sponsorship of Bids

Three more join corporate rush for cash

RBS sounds out investors

RBS investors get the capital ratio message

Anger at Lloyds' offshoring jobs

Bradford & Bingley asks shareholders for an extra £300m

Bank wins approval

Fresh £400m writedowns hit Alliance & Leicester

City relief as HSBC Q1 profits up on 2007

Interview - Barclays banks on rising star Sarwar's local knowledge of Asian community

RBS to 'co-operate fully' over subprime inquiry

US probe into RBS exposure

Vision to bank on: Lynne Peacock interview

Middle-aged bikers rev up cost of motorcycle cover

Bank blow leaves homebuyers down but not out for good

Scots' personal debt on the rise as spectre of repossession looms

Barclays extends lead

Woolwich joins the 10% club

Clydesdale weathers storm as profits rise

Business flak for Bank of England as interest rates kept on hold

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