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RBS: the good, the bad and the ugly
The taxpayer was hit with yet more bad news today, and the prospect of us ever exiting the RBS bank and getting our money back looks as far away as ever.
The taxpayer was hit with yet more bad news today, and the prospect of us ever exiting the RBS bank and getting our money back looks as far away as ever.
Sir Mervyn King, the governor of the Bank of England, today used the continuing IT meltdown at RBS and NatWest to criticise the structure of the bailed-out banking group. He had stern words for RBS’s management, saying that the FSA should carry out a “full investigation” of the week-long computer problems.
Don’t just get rid of Fred Goodwin’s knighthood – let’s rethink the honours system as a whole says Jon Snow.
Stephen Hester should be spared the vitriol he is receiving, argues Jon.
Faisal Islam’s full interview with RBS Chief Executive Stephen Hester.
Our Political Editor reports a minor victory for the Government over banker bonuses – but will the public notice?
Faisal Islam blogs on why RBS aren’t saying how many of its bankers are getting bonuses of mroe than a million pounds, and why its bosses are playing today’s results low-key.