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Taxpayer-Owned Bank Gives CEO 'Modest' Pay With Huge Bonus

Reuters | Posted 02.12.2013 | Business

LONDON (Reuters) - Royal Bank of Scotland chairman Philip Hampton has defended the bonus due to be paid to chief executive Stephen Hester even though...

Economy Set To Get Its Moment Tonight

The Huffington Post | Jillian Berman | Posted 02.12.2013 | Business

Science has determined that people need to know 7.5 things per day, on average, about the world of business. You can't argue with science. Lucky for y...

Dumb Wall Street Emails Alert!

The Huffington Post | Jillian Berman | Posted 02.07.2013 | Business

Science has determined that people need to know 7.5 things per day, on average, about the world of business. You can't argue with science. Lucky for y...

RBS To Pay $612 Million To Settle Libor Allegations

Reuters | Posted 02.06.2013 | Business

WASHINGTON (Reuters) - Britain's Royal Bank of Scotland Group Plc settled charges it had manipulated the Libor interest rate benchmark, the top U.S. d...

RBS Could Face Criminal Charges Over Libor

The Huffington Post | Mark Gongloff | Posted 01.29.2013 | Business

So maybe too-big-to-fail banks aren't too big to jail after all. At least, it is starting to look as if tiny, digestible chunks of big banks are po...

RBS Faces Criminal Libor Charges

The Huffington Post | Mark Gongloff | Posted 01.29.2013 | Business

Science has determined that people need to know 7.5 things per day, on average, about the world of business. You can't argue with science. Lucky for y...

Libor's Latest Victim: Employee Bonuses

Reuters | Posted 03.13.2013 | Business

LONDON, Jan 11 (Reuters) - Royal Bank of Scotland is preparing to slash bonuses for its investment bankers this year to help pay fines for its role ...

'RBS Would Love To Get It All Over And Done With'

Reuters | Posted 12.06.2012 | Business

* Deal now unlikely until late 2012/early 2013 - sources * Regulators at different stages of investigation - sources * B...

Libor Scandal's Potential Costs Quietly Exploding

The Huffington Post | Mark Gongloff | Posted 08.27.2012 | Business

Funny thing about the Libor scandal: Even when there doesn't seem to be a lot going on, the cost to banks just keeps on rising. The latest estimate...

Another Bank Set For Hefty Fine From Manipulation Scandal

Reuters | Posted 08.28.2012 | Business

* RBS faces 150 mln stg fine over Libor probe -report * Any resolution for RBS is "months away" -source * Barclays' Diam...