RBS chief Stephen Hester said today that even his parents think he earns too much.
Early gains among financials offset disappointing Marks and Spencer results to see the FTSE marginally down 0.22% to 5,510.22 in early trading.
Investec Structured Products has launched a new suite of eleven plans supported by a range of counterparties.
Perspective Financial Group acquires Charles Reynolds Associates, the eleventh firm to come under the consolidation vehicle's umbrella.
A fresh round of job cuts in Lloyds Banking Group today has brought the number of losses since its takeover of HBOS last year to over 15,000.
UK private equity companies reacted angrily last night after a European parliamentary committee proposed widening the scope of a controversial directive for alternative fund managers.
Better-than-expected unemployment figures and a rosier growth forecast from the Bank of England raised hopes yesterday that Britain was beginning to claw its way towards economic recovery.
Lloyds Banking Group will cut a further 5,000 roles from its UK operations by the end of next year, it confirmed today.
Royal Bank of Scotland and Lloyds Banking Group have been accused of forcing cash-strapped firms to use their investment banking services as a condition of lending, according to Reuters.
Gordon Brown appeared to step back from a G20 declaration to introduce a bank tax after Downing Street insisted that he was merely trying to open a debate on raising new money from the City.