Royal Bank of Scotland is to cut a further 4,500 jobs in the UK, bringing total job losses at the beleaguered bank to 7,200 so far this year.
Sir Fred Goodwin, the disgraced former chief executive of RBS, may be finally bowing to public pressure to hand back a portion of his £703,000 a year pension.
The Government was fully aware of the terms of Sir Fred Goodwin's controversial £703,000 a year pension, according to Royal Bank of Scotland's former chairman.
The £3 million Edinburgh home of Sir Fred Goodwin, the former chief executive of Royal Bank of Scotland (RBS), was attacked overnight.
Further detailed allegations about tax avoidance schemes set up by Barclays Bank emerged from whistleblowers who said the bank made close to £1bn profit a year from a series of elaborate deals.
Sir Fred Goodwin has returned a £3m lump sum from his pension fund.
Two major local authority pension schemes have started legal action against Royal Bank of Scotland, alleging it made "materially false and misleading" statements about its financial health.
The Financial Services Authority was accused of hypocrisy yesterday after it emerged that it had blocked an attempt last April by institutional investors in Royal Bank of Scotland to vote against Sir Fred Goodwin, then the chief executive, The Times...
The Royal Bank of Scotland Group pension scheme may use more than £800m of taxpayer cash to shore up the funding position of its pension fund.
Royal Bank of Scotland (RBS) will cut 90 jobs across its offshore locations following a review of its offshore business.