RBS Head of Spot FX heads for five month sabbatical after three years in the hot seat LeapRate

April 30, 2014 BY Andrew Saks-McLeod

RBS Head of Spot FX heads for five month sabbatical after three years in the hot seat

James Pearson takes five month break from duties after three years in leadership position, with reasons not divulged Royal Bank of Scotland's Head of Spot FX trading in Europe, James Pearson, is taking a five-month sabbatical, leading to a temporary restructuring of the bank's FX desk, RBS stated yesterday. Mr. Pearson had assumed his position…

March 16, 2014 BY Gerald Segal

Hitting them where it hurts – big banks withhold bonuses for forex traders

Barclays, Citi and RBS have frozen bonuses across their FX trading teams, pending outcome of 4pm fix investigations. Temporary suspensions are one thing, but if you really want to hurt traders, take away their bonuses.... The Financial Times has reported that several leading global banks including Barclays (NYSE:BCS), Citi (NYSE:C) and Royal Bank of Scotland…

December 12, 2013 BY Gerald Segal

RBS settles with US authorities for $100 million fine in sanctions probe

The bank’s CFO Nathan Bostok resigns after only two months at the job We all know that something has been terribly wrong with RBS especially when in the aftermath of the financial crisis that erupted in 2008 the UK government had to buy its shares totaling up to £45 billion pounds to prevent it from…

May 24, 2012 BY Gerald Segal

WorldSpreads payouts to clients delayed to September

Not much resolved at WorldSpreads creditors meeting.

Tag: $RBS