FTAdviser latest:RBS Hester to defer part of £9.6bn pay package

Royal Bank of Scotland’s (RBS) chief executive is to defer part of his hotly debated £9.6m pay package, it emerged today (2 July).

RLAM rebrands UK Strategic Growth trust

Royal London Asset Management (RLAM) has rebranded its UK Strategic Growth trust to UK Mid-Cap Growth to reflect its concentration on the FTSE Mid 250 (ex-IT) index.

Northern Rock requires further £3bn to shore up finances

Northern Rock has revealed that it requires another £3bn to shore up the troubled bank's finances.

Sir Win Bischoff tipped to become chairman of Lloyds

Sir Win Bischoff, the former chairman of Citigroup, has been tipped to become the next chairman of Lloyds Banking Group.

Santander begins Abbey and A&L rebrand

Santander has begun its rebranding of Abbey and Alliance & Leicester (A&L), with the Spanish banking giant renaming their corporate and commercial banking divisions.

FSA in talks with SFO over 'issues' with Keydata's products

The Financial Services Authority (FSA) has confirmed that it is in talks with the Serious Fraud Office (SFO) about potentially missing assets underlying some of Keydata Investment Services suspended fund range.

Lloyds to cut another 2,100 staff

Lloyds Banking Group has announced that it is to cut a further 2,100 jobs over the next three years.

Treasury faces court over 'greenness' of RBS investments

The Treasury faces what could become a landmark lawsuit aimed at forcing it to ensure taxpayers' money invested in the Royal Bank of Scotland (RBS) only supports green and ethical investments.

UK economy contracts at fastest rate on record

The UK economy contracted by 2.4 per cent in the first quarter of the year - its biggest quarterly decline on record since the data began more than 50 years ago.

SFO freezes $100m in relation to Stanford scandal

The Serious Fraud Office (SFO) has obtained a freezing order over $100m of assets believed to be held at London financial institutions in relation to the alleged Allen Stanford fraud.

Features

Analyst: Rathbone Unit Trust Managers

Chief executive Peter Pearson Lund talks about the changes he has made following the financial crisis


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Industry Voice: Look past the market debate

The current headline debate seems to focus on whether this is a bear-market rally or a new bull market.


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Market Watch: No stopping the corp bond market

Many experts are predicting a new golden age for corporate bonds, but how realistic is this?



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