TITLE

RBS set to pay out £250m in bonuses

AUTHOR(S)
Dale, Samuel
PUB. DATE
January 2013
SOURCE
Money Marketing (Online Edition);1/29/2013, p19
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on payment of 250 million pounds in bonus to staff by the Royal Bank of Scotland (RBS) at its investment banking branch. Libor rigging scandal division will receive the money. RBS awarded one million pounds in bonus to chief executive officer (CEO) Stephen Hester in 2012 which was given back.
ACCESSION #
85235614

 

Related Articles

  • RBS set to pay out £250m in bonuses. Dale, Samuel // Fundweb;1/29/2013, p16 

    The article focuses on payment of 250 million pounds in bonus to staff by the Royal Bank of Scotland (RBS) at its branch of investment banking. The division of Libor rigging scandal will receive the money. The chief executive officer (CEO) at the bank Stephen Hester received one million pounds...

  • Hester: RBS faces big fine over Libor scandal. Salih, Chris // Fundweb;7/30/2012, p22 

    The article reports that Royal Bank of Scotland (RBS) chief executive officer (CEO) Stephen Hester has hinted that the bank may face a huge fine on the back of the Libor scandal. Hester said RBS is one of the banks tied up in Libor and the investigation by the British Financial Services...

  • RBS set for Libor fine of up to £300m. Salih, Chris // Money Marketing (Online Edition);9/10/2012, p20 

    The article reports that a fine of 200m pounds-300m pounds has been imposed on the Royal Bank of Scotland (RBS), for its alleged role in manipulating the Libor rate. As per the reports, the bank is negotiating with regulators over the allegations. Comments of Stephen Hester, chief executive...

  • RBS set for big fine over Libor scandal. Salih, Chris // Money Marketing (Online Edition);7/30/2012, p21 

    The article presents the plans of Royal Bank of Scotland to announce a huge fine on the back of the Libor scandal. The bank is also set to announce a further provision for the misselling of payment protection insurance. The bank's chief executive officer (CEO) Stephen Hester has hinted about the...

  • RBS faces pressure to hold more executives accountable for Libor rigging. Brennan, Henry // Fundweb;2/12/2013, p10 

    The article reports that the Royal Bank of Scotland (RBS) is facing pressure to hold more executives accountable for the Libor rigging. The Parliamentary Commission questioned Philip Hampton, chairman of RBS and chief executive Stephen Hester over bank's pledge to recover the fines from bankers'...

  • RBS set for £350m Libor fine. Salih, Chris // Mortgage Strategy (Online Edition);12/17/2012, p7 

    The article details the report from "The Sunday Times," that the Royal Bank of Scotland is set for a 350 million British pounds for its role in the Libor rate-rigging scandal.

  • RBS Chief Sells Share Tranche.  // American Banker;11/23/2011, Vol. 176 Issue 181, p16 

    Brief information is given about Royal Bank of Scotland Group PLC's chief executive officer Stephen Hester's sale of a final tranche of a controversial stock award which leaves him with 5.4 million shares of the bank that he can sell at any time.

  • RBS warns ringfencing bank retail arms would raise risk. Thomas, Paul // Money Marketing;6/16/2011, p26 

    The article reports on the assertion of Stephen Hester, chief of Royal Bank of Scotland (RBS), that the proposal to ringfence the retail arms of banks in Great Britain would increase risk in the country's banking industry.

  • RBS withdraws from toxic asset scheme. Salih, Chris // Fundweb;10/17/2012, p21 

    The article reports on the move of the Royal Bank of Scotland (RBS) in withdrawing the asset protection scheme (APS) of the British government. It states the scheme was designed to insure against losses from its riskiest assets. RBS chief executive Stephen Hester confirms the significant role of...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics