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  • RBS underestimated anger over Stephen Hesters bonus, chairman admits


    Daily Telegraph | Telegraph.co.uk — Authority Authority: 163
    Sir Philip Hampton, chairman of RBS, has admitted the bank underestimated the scale of public outrage over Stephen Hesters £1 million bonus and has said bankers pay has been "too high for too long".
    3 hours ago

  • RBS underestimated anger over Stephen Hesters bonus, chairman admits


    Daily Telegraph | Telegraph.co.uk — Authority Authority: 163
    Sir Philip Hampton, chairman of RBS, has admitted the bank underestimated the scale of public outrage over Stephen Hesters £1 million bonus and has said bankers pay has been "too high for too long".
    3 hours ago

  • Top of the Stocks, 1 February


    The Share Centre Blog — Authority Authority: 121
    The highest number of trades completed at The Share Centre. Top customer buys 01/02/2012 Vodafone Tesco Royal Bank of Scotland Glencore International Premier Foods Angel Mining Lloyds Gulf Keystone Petroleum Xcite Energy Range Resources Top customer sells 01/02/2012 Lloyds Barclays Glencore International BP ...
    1 day ago

  • Fred Goodwin: decision to strip knighthood was result of anti-business hysteria


    Daily Telegraph | Telegraph.co.uk — Authority Authority: 163
    Decision to strip former RBS chief executive Fred Goodwin of knighthood criticised by leading business figure.
    2 days ago

  • Fred Goodwin: decision to strip knighthood was result of anti-business hysteria


    Daily Telegraph | Telegraph.co.uk — Authority Authority: 163
    Decision to strip former RBS chief executive Fred Goodwin of knighthood criticised by leading business figure.
    2 days ago

  • The disreputable honours system


    Robert Kyriakides's Weblog — Authority Authority: 110
    Mr Fred Goodwin (as I have assiduously called him on these pages for the past three years) has now found that he should not place his trust in “princes” – influential or powerful people. When Mr Goodwin had power those with power honoured him; those without power were cowered by him. Those with power invited him ...
    2 days ago

  • It’s been difficult for Tommy Sheridan to keep up appearances of late…


    gibberish — Authority Authority: 111
    I understood that Tommy Sheridan had a six month gagging order placed on him in return for an early release after one year of his three year sentence for perjury. I have nothing against Tommy Sheridan and frankly think everyone in that case was probably at it.  He was the only one that “allegedly” got found out. ...
    2 days ago

  • The lynching of Fred Goodwin


    Man in a Shed — Authority Authority: 403
    He committed no crime and was not disbarred as a director. Many have done worse than him. Yes hes a disgrace, but then so are most of the current shadow cabinet who shared in Capt. Brown streaming on the UK onto the rocks ( though Capt. Brown has disappeared - gone in an early life boat to follow Blair onto the cash ...
    2 days ago

  • Mr Hester Takes a Haircut


    Robert Kyriakides's Weblog — Authority Authority: 110
    After a great deal of pressure on Mr Hester and the board of RBS to avoid taking or paying a bonus of just under a million pounds (a bargain) Mr Hester has caved in to the pressure and agreed to forgo the bonus. I find it odd that Mr Hester should have been awarded a contract under which bonuses are payable in ...
    3 days ago

  • RBS bonus: Obscene or a nice piece of business?


    Slugger O'Toole — Authority Authority: 520
    One thing, I think, that is better, or at least more widely, understood in the Republic than in the UK is that the credit crunch is still screwing up almost every other well intentioned effort to get our economies moving again. This is because the banks still haven’t owned up to the extent of their bad debt, and ...
    3 days ago

  • Media Digest (1/30/2011) Reuters, WSJ, NYT, FT


    24/7 Wall St. — Authority Authority: 647
    EU leaders agree to create the European Stability Mechanism, which will have funds of 500 billion euro and begin its business in July. (Reuters) EU leaders probably will create a 20 billion euro fund to help improve unemployment among the young. (Reuters) Intuit (NASDAQ: INTU) reports that small business hiring slowed ...
    4 days ago

  • Stephen Hesters bonus has handed Ed Miliband a political victory – but it comes at a price


    News Politics — Authority Authority: 129
    Ed Miliband has his victory, David Cameron an embarrassing defeat, and Stephen Hester an awkward chat with his inconsolable bank manger. Actually, that’s an interesting thought – when you run the bank, do you have to make an appointment like the rest of us, or can you just bowl up when you feel like it? [...]
    4 days ago

  • Stephen Hesters decision leaves David Cameron substantially weakened


    News Politics — Authority Authority: 129
    Stephen Hesters late-night decision to forego his bonus gives David Cameron a short-term respite from the bonus row, but leaves him substantially weakened. At first glance, it heads off  the Commons crisis smartly set up by Ed Miliband. It is, in that sense, a stroke of luck and can be seen as another illustration of ...
    4 days ago

  • A Britain divided by class and wealth


    A World to Win — Authority Authority: 107
    Sometimes it takes a comedian to tell it as it is. Rory Bremner just about summed up the real state of affairs as he mused in the columns of the Financial Times. “I heard of a country where they are capping benefit payments and charging single parents for access to the Child Support Agency," observes. "And, there ...
    4 days ago

  • The piping out of the Hester


    FT Alphaville — Authority Authority: 686
    Can’t beat a Sun headline to round off a national bonus neurosis: (H/T Fleet Street Blues) Doubtless Labour MPs — who left Stephen Hester crying into his £1.2m...
    4 days ago

  • Why RBS chief executive’s bonus decision should be followed by most FTSE 100 directors


    Telegraph.co.uk Finance Blog — Authority Authority: 607
    Royal Bank of Scotland (RBS) chief executive Stephen Hester’s decision to give up his £1m bonus should be followed by thousands of other City fat cats who have filled their pockets while millions of shareholders suffered shocking capital losses over the last decade. Taxpayer ownership of 83pc of RBS raised public ...
    4 days ago

  • Its a numbers game


    Preventing People Problems — Authority Authority: 92
    Wehave compiled a weekly round-up of HR and business news in numbers:  0.2% - UK growth contracted 0.2% in the last three months of 2011. Whatdoes 2012 hold for everyone? £300  could be what businesses in a Scottish city are charged for their ownparking spaces provided to employees. A ...
    1 week ago

  • Top of the stocks, 26 January


    The Share Centre Blog — Authority Authority: 121
    The highest number of trades completed at The Share Centre. Top customer buys 26/01/2012 Sirius   Minerals Tesco Bahamas Petroleum Company Leni Gas & Oil Vodafone Royal Bank of Scotland Premier Foods Lloyds Banking Glencore International Gulf Keystone Petroleum   Top ...
    1 week ago

  • Sending Flowers From RBS To Natalie Mashiach


    Life in Israel — Authority Authority: 501
    The following message was sent to the local email list and I encourage people to participate. -- Natali Mashiach experienced the darker side of RBS a few days ago.. Its now our chance to show her we abhor this radical behaviour and we Do have a Heart! Your last opportunity to put a few Shekels in the box ...
    1 week ago

  • Fewer bankers to quit over bonuses


    Daily Telegraph | Telegraph.co.uk — Authority Authority: 163
    RBS is the only bank in the past four years where Vince Cables binding shareholder vote and higher threshold on remuneration would have made any difference.
    1 week ago

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