The government is considering nationalising the 316 Royal Bank of Scotland (RBS) branches currently up for sale with a view to creating a new business lender, the Sunday Times reports.
The UK's accounting rules are distorting bank profits and leading to confusion over executive pay, some of the country's largest investors have have warned.
The government is considering nationalising the 316 Royal Bank of Scotland (RBS) branches currently up for sale, with a view to creating a new business lender, the Sunday Times reports.
David Cameron has issued one of his strongest defences of the banking sector yet, telling the Lord Major's banquet those who "trash the banks would end up trashing Britain".
Punch Taverns, Royal Bank of Scotland and Thomas Cook are among the members of the least coveted club in the business, research from binary options trading firm Banc De Binary has found.
Bank of England policymaker Andy Haldane, has slated ring-fencing proposals for being too weak and said "King Kong" banks should be no larger than $100bn.
Nationwide is considering making a bid for the 316 bank branches that Royal Bank of Scotland has been forced to sell, according to reports.
Shares in Lloyds Banking Group and RBS have fallen today after broker Cazenove warned of the potential impact of further PPI provisioning.
The Financial Services Authority (FSA) "should and could" have intervened in the Royal Bank of Scotland's (RBS's) ill-fated acquisition of ABN Amro, a damning report by the Treasury Committee concludes.
RBS has closed its Volatility Controlled Cautious Managed and Balanced Managed funds less than two years after launch, after both funds racked up heavy losses.