RBS pays out £588m in bonuses despite suffering £8.24bn loss

Royal Bank of Scotland has defended plans to pay £588m in staff bonuses despite suffering an £8.24bn loss in 2013 as it slumped into the red for the sixth successive year.

Royal Bank of Scotland set to report up to £8bn losses for 2013

Royal Bank of Scotland is on track to report up to £8bn in losses for 2013 after taking a fresh hit for conduct and mis-selling issues, forcing its top management to refuse any bonuses for the year.

Lloyds bank fined record £28m for 'serious failings'

Lloyds Banking Group has been fined £28m for "serious failings" in relation to bonus schemes for sales staff.

Barclays: US $470m energy fine 'unjustified'

Barclays has said US regulators' proposed fines of $470m (£291m) for the bank's alleged manipulation of energy markets are "unjustified" and the allegations will not stand up in court.