Baroness Helena Morrissey: Why we need to re-examine the business case for diversity
Workplaces that encourage diversity of thought reap notable business benefits, writes Baroness Helena Morrissey
Rbs
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Schroders Capital appoints Ingo Heinen to new global platform role
Heinen previously with Intermediate Capital Group
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Weekly outlook: Big banks begin reporting; UK GDP expected to halve
The key events for UK wealth managers for the week starting 11 February UK GDP and inflation; banks’ earnings
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Coutts’ profits nearly double as RBS revives dividend
The wealth manager’s profits are up 90% as wider group RBS revives its interim dividend for the first time post-financial crisis.
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RBS share sale a boon for recovery investors
The government’s decision to sell 7.7% of its shares in Royal Bank of Scotland (RBS) will give the beleaguered bank’s financial health a much-needed vote of confidence which should sit well with recovery investors, according to analysts.
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Buxton slams corporate activity under male-heavy boards
Old Mutual Global Investors CEO Richard Buxton has slammed the cost of predominantly male boards to shareholders as he blames a lack of diversity for poor corporate decision making.
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Dovish Carney fails to dent enthusiasm for UK banks
Despite Brexit uncertainty and a more dovish tone from the Bank of England (BoE), many managers are arguing that now is the time to embrace the big four UK banks as a cheap, tactical value play.
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RBS breaks nine-year string of losses with £752m profit
RBS has returned its first bottom-line profit in 10 years, despite City analysts predicting the bank’s string of losses would continue.
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RBS’ shares wobble after report confirms ‘gruesome culture’ of GRG
Shares in RBS wobbled slightly after an unredacted report by the Financial Conduct Authority (FCA) into its now infamous Global Restructuring Group (GRG) revealed its unfair treatment of customers was more widespread than the bank let on.
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RBS to launch robo-advice proposition
The Royal Bank of Scotland (RBS) is preparing to launch a robo-advice service for more than five million customers.
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Woodford backs two more banks
Neil Woodford has added to his position in UK banks, with both Barclays and RBS appearing in his portfolios he revealed on Thursday.
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RBS braces for 10th full year without profit
RBS hit another milestone on its road to recovery, posting a third consecutive quarter of profits but analysts suspect it has further to go before it is back in the black for the full year.