Breaking news reports from Sky this morning suggested that Sir Fred Goodwin was considering repaying part of his controversial £703,000 per annum pension. Sky’s Business Editor Jeff Randall said: “I understand that the Government, through UKFI and the Royal Bank of Scotland, are preparing a statement saying that Sir Fred Goodwin will be making a […]

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The resolution on the remuneration report at Royal Bank of Scotland Group plc represents the highest ever “Total Dissent” vote on the remuneration report since the introduction of the requirement for the report to be put forward to a non-binding vote.

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The high-profile takeovers of ABN AMRO (by a consortium of Royal Bank of Scotland, Fortis and Banco Santander) and of Alcon by Rio Tinto have seen the acquirers scrambling to raise funding in recent months. Former RBS Chairman, Sir Tom McKillop, admitted to the Treasury Select Committee that the acquisition was “a bad mistake”, while […]

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