Will He Or Won't He ? - Top Firm Boss Mulls Base Pay Rises
More in BUSINESS NEWS
back-up- Meet Goldman Sachs' Newest Managing Directors
- Geithner On Financial Regulatory Reform
- Free Job Postings Until 31.03.2010
- Bank Tells Staff To Knock Off Early To Make Babies
- 'Do I Seem Like A Guy Who Throws Chairs ?'
- Best Place To Work Update
- Office Humour - Warning, Some May Find This Offensive
- City Bankers Prepare For Disaster Scenario
- John Thain Defends Wall Street Bonuses
- Click Here To Register For Free News E-Mail Alerts
- Lazard Names New CEO
- Top Firm Told To Give Up Bonuses
- Government Accused Of Botching Major Bailout
- UBS Reveals Its Hand
- The Dash For Trash
- Too Big To Fail
- 'Sorry - But Christmas Is Cancelled'
- Regulator To Have Power To Tear Up Banker Pay Contracts
- IT Programmers Accused Of Being Madoff Accomplices
- Cityboy On Corporate Social Responsibility
- Top Firm To Unveil Turnaround Strategy
- The Obvious Candidate To Succeed Ken Lewis Is Ken Lewis
- Quit The UK To Avoid Higher Taxes - Poll Results
- Bankers Forced To Take Second Jobs To Make Ends Meet
- Goldman Kitten Payments Go A Stray
- More Compensation News
- Best Place To Work 2010 - Vote Now
- Banker Eye Test
- Goldman Sachs - View From The Top
- The Lloyd's Prayer
- Exec Claims Hedge Fund Boss Hired Hit Man To Kill Her
- $125m-A-Year Banker's Wife Says She Was Treated Like 'Mail-Order Bride'
- 'The Sell Out'
- 'Many Of You Have Seen Life Savings Vanish'
- Tough Times For Expenses - £5 For Lunch
- Tragic Banker Rehearsed Suicide Before Killing Himself
- Bear Stearns Fraud Case - The Verdict
- Even More Compensation News
- CEO Says That History Will Vindicate Him
- Traders Desperate To Get 'The Clap'
- Reservoir Gods
- Who Was Mr Angry During The Financial Crisis ?
- JPMorgan Chase Compensation Letter
- Regulator Warns - 'Yes, That Does Mean People Go To Jail'
- Brokers Complain Of Bailed-Out Banks Bullying Tactics
- Best Place To Work - Previous Winners
- Best Place To Work 2009 Results - The Top 100 Firms
- CEO Says He Could Top Himself & People Would Cheer
- Top Firm Hires 78-Yr-Old / Ex-Boss Says 'Sorry' For Citigroup
- Top Firm Said To Be At Loggerheads
Related Content
- Top Firm Boss Says 'Our Reputation Is Still Damaged' (09/09/2009)
- It's A No, As Boss Refuses To Talk To Top Firm (20/10/2009)
- Top Firm Hires 78-Yr-Old / Ex-Boss Says 'Sorry' For Citigroup (08/11/2009)
- Top Firm May Pay For 'Crap' & 'Vomit' (12/09/2009)
- Top Boss 'Drifting Out To Sea Like A Dying Eskimo' (01/10/2009)
- Top Boss Tells Church Crowd 'Profit Is Not Satanic' (04/11/2009)
The Evening Standard reports that Royal Bank of Scotland (RBS), the bailed-out bank which has shelled out almost $500,000 for a corporate hospitality suite at the Wimbledon Tennis Championships, is taking great care to keep a low profile and stay out of the hands of the raging mob (the UK taxpayers to you and me).
Apparently, in addition to the usual tight security, Wimbledon officials have been told not to divulge the whereabouts of the suite to those not 'in the know', and the RBS name and branding has been removed from public view. Perhaps a little OTT given that the All-England Club is unlikely to have any mob-types at the Championships.
The New York Times reports that The American Federation of State, County and Municipal Employees, the biggest public employees union in the US, has spoken out against the recently-announced 50% pay rises Citi is granting to some of its staff. Various pension plans for the Unions members are said to own 3% of the firm's stock.
And Reuters reports that State Street has said that it could face civil charges by US market regulator The Securities and Exchange Commission over losses investors sustained in connection with investments in mortgage-backed securities. The firm set-aside some $618m in 2007 for costs in respect of losses sustained in this area.
Finally, The Financial Times reports that investors are wary that the recently-announced share offerings planned by Daiwa Securities and Mizuho Financial will be dilutive to the firms' shares.
Please use the 'E-Mail' button immediately under the article title to send this item to a friend.
