Friday, October 31, 2014   

Royal Bank of Scotland sets aside £576m bonus pot despite £8.9b loss
(02-27 15:57)

Britain's state-rescued Royal Bank of Scotland plunged deeper into a net loss of almost £9 billion last year on the back of vast accounting charges, it said today.
Despite another year of massive losses the bank set aside a bonus pool of £576m for bankers.
Losses after taxation grew to £8.995 billion in 2013, compared with a shortfall of £6.055 billion in 2012, RBS said in a results statement, adding it expected further inevitable job cuts to arise from ongoing restructuring.—AFP/The Standard

   
Other Business breaking news:
Athens stock market down 3.6pc (10-30 18:36)
Toshiba half-year net profit surges (10-30 17:27)
German jobless total falls in October (10-30 17:23)
VW confirms full-year targets after 'robust' Q3 (10-30 16:58)
Spanish economy expands by 0.5% in Q3 (10-30 16:58)
European stocks advance at open (10-30 16:57)
Hang Seng finishes lower (10-30 16:35)
Lufthansa cuts 2015 forecast on global economic slowdown (10-30 16:05)
Bayer raises forecasts for 2014 after strong Q3 (10-30 16:04)
NEC rebounds from losses on smartphone exit (10-30 15:25)

More breaking news >>

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