Antony Jenkins tells Bloomberg Television that a 'fundamentally different environment' for banks demands big changes in costs and capital - but payoff may not come until 2015
World’s biggest security firm originally estimate a loss of £50m after failing to provide 10,400 guards for Olympic Games
Britain's second biggest lender plans 3,700 job cuts as CEO Antony Jenkins prepares major transformation of bank culture
CEO Stephen Hester and chairman Philip Hampton to face bank standards commission.
French automaker Renault has upgraded its popular-selling Duster SUV with a new multimedia system called 'Media NAV'.
Whitehall warns that going it alone means Scotland would have to apply separately for EU membership.
EADS unit GPT Special Management Systems is accused of bribing Saudi officials between 2007 and 2010.
Barclays to close tax unit SCM, while reports say CEO Antony Jenkins will axe 2000 jobs and £2bn of costs
AMR and US Airways boards delay meeting to finalise a merger deal due to unresolved issues.
The UK's best-known technology entrepreneur is making a comeback after raising a £6.3 million war chest to fast-track the development of some of the country's most promising companies.
Eric Schmidt will be unwinding 3.2 million shares of Class A common stock.
Boeing informs airline companies that 787 deliveries could be delayed as regulator investigations continue.
Southeastern Asset Management maintains that Michael Dell's proposal "grossly undervalues the company".
Europe's second-biggest carmaker losing €7m a day and burning €200m in cash each month.
CEO Michael Spencer says no evidence of fake trades for brokers in bid to distance itself from Libor scandal.
Philip Hampton says rate manipulators should be jailed despite bank still employing six Libor fixing traders.
TUI Travel reports strong growth in holiday travel demands from the UK and Nordic countries.
Disastrous 'Project Santorini' at world's oldest bank could embarrass ECB president Mario Draghi.
Leader of telecom equipment maker to leave company after group posts €1.4bn loss for 2012.
Switzerland's second-biggest bank does not expect material issues with Libor investigation.
Southern European markets see 11.9 percent service revenue slump but solid growth in emerging markets should protect the bottom line.
Boeing hopes to resume Dreamliner services by March with modifications within the battery.
Lasagne and Bolognese ready meals withdrawn as a precaution following fresh contamination fears
Despite settling with US and UK authorities for £390m over Libor manipulation, RBS still faces fight for survival.
RBS chairman Philip Hampton said Hester has had only one bonus in four years and 'accountability can go too far'.
After RBS pays of £390m to CFTC, DoJ and FSA to settle Libor fixing charges, regulators release examples of misconduct
US Commodity Futures Trading Commission says manipulation continued after state-owned bank told of probe
'Disgraceful…wrongdoers' who have 'no place in the banking industry', that's how Stephen Hester the Chief Exec of Royal Bank of Scotland has labelled the 21 staff who were identified as being involved in rigging the interbank lending rate, LIBOR.
Stuart Gulliver and Douglas Flint give evidence to the Parliamentary Commission on Banking Standards over the spate of scandals
Fourth-quarter loss figures by European debt crisis and slowdown in Chinese growth.