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Investing News

Hester rides back in triumph to RBS 12:26pm BST

LONDON (Reuters) - It was often joked in banking circles that London's City had mapped out new Royal Bank of Scotland chief Stephen Hester's career path long before he did.  Full Article

 
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Global crisis plans should thaw markets 8:29am BST 

NEW YORK (Reuters) - Last-ditch efforts to unclog credit markets and halt a record slide in stock markets from Tokyo to Wall Street should ease serious strains in the global financial system, but the devil will be in the details.  Full Article 

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Bailout to take big stakes in RBS and HBOS 1:27pm BST 

LONDON (Reuters) - The government waded in with 37 billion pounds of taxpayers' cash to bail out three major banks on Monday, in a move that could make it their main shareholder.  Full Article 

 
Lloyds TSB renegotiates HBOS deal 10:42am BST 

LONDON (Reuters) - Lloyds TSB said it has renegotiated its agreed takeover of rival HBOS as both banks unveiled plans to accept government money to bolster their finances.  Full Article 

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Commodities

Commodity Last Pct Chg Trade Date/Time
Oil 79.37 +4.47% 13 Oct 14:34 BST
Gold 853.4 -0.37% 13 Oct 14:44 BST