Royal Bank of Scotland News

NatWest, RBS and Ulster Bank return slowly to normal

Royal Bank of Scotland's CEO, Stephen Hester, has confirmed that a software upgrade was responsible for nationwide computer problems that failed to update customers' accounts for the last seven days.

In the Media by Kev Hedges

Record bank bonuses of $156 billion expected for 2011

Yet again the banks are expected to announce record bonuses, estimated to be $156 billion for 2011. These bonuses are not confined to the U.S.

In the Media by Katerina Nikolas - 1 comment

City bankers admit they are overpaid

A survey commissioned by the St Paul's Institute has revealed that a significant number of British bankers and financial sector workers think they are overpaid.

In the Media by Katerina Nikolas - 1 comment

Op-Ed: How bonuses pay and benefits don't

Yesterday, it was reported that the European Parliament was planning to curb the bonuses being paid to bank staff, while a guest on a BBC news programme explained how benefit claimants are stuck in the poverty trap.

In the Media by Alexander Baron

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