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25
Feb

Losses of £1bn… but bailed-out RBS still pays 100 bankers £1m

Posted by Susan Mitchell (0) Comment

Royal Bank of Scotland yesterday revealed that ‘more than 100’ of its staff were paid over £1million each last year even though losses at the bailed-out bank exceeded £1billion.

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Category : Banking News | Blog
4
Sep

Barclays Bank Profit Soar 44%

Posted by Susan Mitchell (0) Comment

BANKING giant Barclays claims the economic recovery is in the bag – after a 44 per cent rise in profits.

It made a monster £3.95BILLION in the half-year to June.
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Category : Economy News | Blog
4
May

UBS Posts Biggest Profits In 3 Years

Posted by Susan Mitchell (0) Comment

UBS has posted the highest quarterly profit in 3 years as debt trading in the markets improved.
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Category : Banking News | Blog
19
Mar

Banks To Pay Into Emergency Wind-up Fund

Posted by Susan Mitchell (0) Comment

The EU is is considering making banks pay for an emergency wind-up fund in case one of them goes bust, in an effort to prevent another spiral like the one that followed the Lehman Brothers collapse.
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Category : Banking News | Blog
1
Mar

Bad Debt Causes 24% Fall In HSBC Profits

Posted by Janet Leicester (0) Comment

Bad debt caused a drastic 24% fall in pre-tax profits to $7.1billion, reported HSBC, Britains biggest bank. Higher loan impairment charges took the shine off a strong performance by its investment banking arm and a narrowing of losses from its US business.
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hsbc 2009 bad debt
Category : Banking News | Blog