Wednesday, September 17, 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:
Nikkei dips at close (1 hr 3 mins ago)
Sony warns of loss bigger than forecast (1 hr 15 mins ago)
Hang Seng rises at noon (09-17 12:22)
Nikkei inches up at midday (09-17 11:11)
German investor optimism down on concerns of Ukraine, Scotland (09-16 18:22)
UK inflation slows in August (09-16 17:28)
Japan, China, SKorea finance chiefs to hold talks this week (09-16 17:00)
Hang Seng ends lower in shortened trade (09-16 16:19)
European stocks markets down at open (09-16 15:27)
Nikkei ends lower (09-16 14:26)

More breaking news >>

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