Linda Harper

RBS Investors Urged to Vote Down Accounts at Shareholder Meeting

Royal Bank of Scotland Group Plc investors should oppose the firm’s annual report and accounts because the lender may not be valuing its assets correctly, the U.K. Local Authority Pension Fund Forum said.

U.K. Pension Funds Add Inflation Hedges on BOE Stimulus Outlook

The U.K. pension funds of Royal Bank of Scotland Group Plc, aerospace components maker GKN Plc and the London Pensions Fund Authority have bought inflation-linked bonds and derivatives to limit the impact of salary and price increases in their defined-benefit obligations.

Consumer Rules, Goldman Dark Pool, FSA: Compliance

The U.S. Federal Reserve proposed two rules that would raise consumer protection coverage limits for credit transactions and leases.

RBS Cuts Investment Banker Pay by 26% After Parliament Seeks Restraint

Royal Bank of Scotland Group Plc, Britain’s largest government-controlled lender, cut pay for its investment bankers by 26 percent after politicians demanded moderation in rewards for 2011.

RBS Said in Talks for $6.4 Billion Asset Sale to Mitsubishi UFJ

Mitsubishi UFJ Financial Group Inc. may buy project-finance assets from Royal Bank of Scotland Group Plc as Japan’s largest banks start deploying the $56 billion they’ve raised in share sales in the past two years.

Blind Banker Loses RBS Discrimination Lawsuit at U.K. Tribunal

A blind former Royal Bank of Scotland Group Plc banker, who had to quit after his sight deteriorated, lost a discrimination lawsuit seeking disability benefits worth about 500,000 pounds ($804,500).

Draghi’s $158 Billion Free Lunch for European Banks Seen Boosting Profits

Banks are benefiting from a European Central Bank subsidy that could reach 120 billion euros ($158 billion), enough to pay every bonus at financial firms in London for the next 24 years at today’s levels.

RBS Chairman Says Bank’s Directors Failed Duty, Guardian Says

Royal Bank of Scotland Group Plc Chairman Philip Hampton said former directors failed in their fiduciary duty by not scrutinizing the bank’s purchase of ABN Amro Holding NV, the Guardian reported, citing a U.S. embassy cable published by WikiLeaks.

U.K. Plans to Sell 5 Billion-Pound RBS Stake, Telegraph Says

The U.K. Treasury is considering plans to sell a 5 billion pound ($8.1 billion) stake in Royal Bank of Scotland Group Plc , the Sunday Telegraph reported.

Libor-Rigging Banks Leave London Customers Disillusioned

British lawyer David Doble held a conference at a Frankfurt hotel this month to tell an audience of German Landesbank executives they had good reason to seek punishment for those who rigged interest rates.

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Japan

Former Jets Wide Receiver George Sauer Dies, N.Y. Times Says

Icahn Asks Investors to Make Big Bet on a Debt-Laden Dell

Greenhouse Gases Hit Threshold Unseen in 3 Million Years

Bulls’ Rose Needs Confidence-Building Knock-Down, Trainer Says

Bernanke Sees Important Risks in Wholesale Funding