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Condoned Libor Conduct, Sought Scapegoats, Fired Trader Says
Feb. 3 Bloomberg -- Royal Bank of Scotland Group Plc which accused a fired Singapore trader of manipulating London interbank offered rates had condoned such behavior and sought scapegoats in an internal probe the former employee said.

Jefferies buys ' historic broker Hoare Govett
LONDON Reuters - American investment bank Jefferies JEF.N has agreed to buy the historic British stockbroker Hoare Govett from Royal Bank of Scotland .L as Jefferies continues a gradual build-up of its presence in the London marketplace.

boss Stephen Hester: 'Prove critics wrong'
Stephen Hester has broken his silence on the controversy surrounding his bonus in a memo to staff. The Royal Bank of Scotland chief executive called the recent attention from the press and politicians discomforting to say the least. He told staff the ...

Agrees to Sell Hoare Govett Broking Unit to Jefferies
Updates with Jefferiess statement starting in the second paragraph. Feb. 1 Bloomberg -- Royal Bank of Scotland Group Plc Britains biggest state-owned lender agreed to sell its Hoare Govett corporate broking unit to Jefferies Group ...

Fred Goodwin, Ex- CEO, Stripped Of UK Knighthood
LONDON Jan 31 Reuters - Britain took the rare step of stripping former Royal Bank of Scotland chief Fred Goodwin of his knighthood following intense criticism of his role in near-collapse during the 2008 credit crisis and public anger ...

Bankers' pay needs to be "corrected" - chairman
LONDON Reuters - Pay in the banking industry has been high for too long and needs to be corrected the chairman of state-backed Royal Bank of Scotland told BBC Radio on Friday. Pay has been high for too long ... particularly in the banks ...

Chairman Waives Bonus Amid Mounting Pressure
The chairman of has waived his almost 1 million share-bonus following growing political and public pressure. The bonus awarded to chairman Stephen Hester at the helm of an 80 per cent government-owned bank had followed weeks of growing political ...

"Prove critics wrong" under-fire boss tells staff
LONDON Reuters - The boss of majority state-owned Royal Bank of Scotland .L urged his staff to prove the critics wrong and continue a clean-up that has cost 38 billion pounds 60 billion in the past three years. is still in its ...

From to Starbucks, mum's the word on the shopfloor | Zoe Williams
All I wanted was the view from the ground in did the people working in the branches feel besmirched by Fred Goodwins fall from grace from the removal of his knighthood How was morale did customers seem to mind did their friends and ...

From Sir to Mr for Britain's most dishonourable banker
Former chief Fred Goodwin R was knighted in 2004 for services to banking GALLOGETTY London United Kingdom - He is now for all the right reasons just plain old Fred. But plain old Fred will now go down in British history for all the ...

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