BUSINESS

PARTNER
RBS confirms £163bn emergency loan repayment

RBS confirms £163bn emergency loan repayment

The Royal Bank of Scotland has confirmed it will repay to the treasury, the last of the £163bn in emergency loans it received from the US and UK governments. This prompted RBS CEO Stephen Hester to say, the bank was now on the road to recovery.
More news
UBS

UBS Turns a Corner: Future Looks Bright for Swiss Bank

Brighter times lay ahead for the Swiss bank as it continues to shrug off investment banking risk management woes and reclaim investor confidence in the most successful parts of its business, after shares soar on stellar wealth management results for the second quarter in a row.
Standard Chartered Misses Previous 10% Growth Target

Standard Chartered Misses Previous 10 Pct Growth Target, Shares Slide

Standard Chartered said its first-quarter revenue rose less than its previous 10 percent target, as the strength of the US dollar against Asian currencies impacted income growth. The bank in February forecasted 'double-digit' growth in revenue and in earnings per share for this year.
UK Police Could Investigate Google over Street View

UK Police Could Investigate Google over Street View

There’s a chance that Google could be investigated by British police after news emerged from an American report that the firm’s StreetView camera project collected Wi-Fi data from some homes they passed by.