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Saturday, 7th November 2009

Banking & Insurance

Hester plots rebuild for RBS as bid emerges for US offshoot STEPHEN Hester, chief executive of Royal Bank of Scotland, took the first tentative steps to putting it on a firmer footing yesterday as a £1.5 billion potential bid emerged for one of its US businesses.

Thousands face axe as chief admits RBS only half way through cull THOUSANDS more jobs will be axed by Royal Bank of Scotland, the chief executive Stephen Hester admitted yesterday.

Lloyds TSB charity row set to continue as London talks fail THE battle between Lloyds Banking Group and its charitable arm looks set to continue after "crisis talks" aimed at resolving a bitter funding dispute broke down yesterday.

RBS reports £1.5 billion loss: Banking group upbeat despite third quarter shortfall ROYAL Bank of Scotland group lost £1.53 billion during trading in the third quarter of 2009, it was announced today.

RBS plans more business sell-offs to ensure European approval

RBS negotiating early release from costly asset protection deal

Fraudster Madoff boasts of duping market investigators for 16 years

A financial services shake-up is set to revolutionise high street banking

Terry Murden: Bank restructuring kicks off in atmosphere of political vengeance

Teresa Hunter: Driven crazy by nonsense banking reforms

Lord Turner to challenge bank split

EU may force RBS to sell insurance businesses

New business up for Scottish Life parent

Terry Murden: Banks failing to grease the wheels of economy

F&C funds up 12.3% to beat forecasts

Standard Life buoyed by rising share prices

Prudential's sales fall to build up capital

Rensburg: We didn't break rules in BoS appointments

Lloyds set to make £11bn funding call

Expected profits set to keep Canada offshoot in Standard Life portfolio

Scottish Business Briefing - Monday 26 October 2009

Reckitt Benckiser set to clean up with third-quarter result

Standard Life confirms Barclays deal

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