Entries tagged "Royal Bank of Scotland Plc"
The Financial Services Authority, is looking into allegations of intimidation and skullduggery at Royal Bank of Scotland plc, before its part-nationalization.
The U.K. government is cutting bonuses by 90% and, in some cases, eliminating them at Royal Bank of Scotland and Lloyds Banking.
Some would say that it only takes something to happen twice to make it a trend -- at The Deal we usually prefer three as the rule of thumb. So, with the the outgoing chief executives at the Royal Bank of Scotland plc and HBOS plc announcing recently they would forgo their golden parachutes, are these occurrences a growing trend or a surprising anomaly that will wither away with better times?...
The big question hanging over the marketing period for the $22.1 billion of debt for the buyout of Clear Channel Communications Inc. by Bain Capital LLC and Thomas H. Lee Partners LP is whether the leveraged transaction can make it through the current market and how hard banks will push back to escape debt commitments. The 25-business-day debt marketing period should end about March 26. Citigroup Global Markets Inc., Deutsche Bank Securities Inc., Credit Suisse Securities LLC, Morgan Stanley, Royal Bank of Scotland plc and Wachovia Bank NA have committed $22.13 billion in financing, including senior secured credit facilities, in...
