Story by: Sharon Flaherty, FTAdviser
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).
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 has revealed that it requires another £3bn to shore up the troubled bank's finances.
Sir Win Bischoff, the former chairman of Citigroup, has been tipped to become the next chairman of Lloyds Banking Group.
Santander has begun its rebranding of Abbey and Alliance & Leicester (A&L), with the Spanish banking giant renaming their corporate and commercial banking divisions.
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 Banking Group has announced that it is to cut a further 2,100 jobs over the next three years.
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.
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.
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.
Chief executive Peter Pearson Lund talks about the changes he has made following the financial crisis
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