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RBS reports 37% pay gap

Bloomberg Royal Bank of Scotland Group Plc pays its female staff on average 37 percent less than men at the bank, joining Lloyds Banking Group Plc and Standard Life Aberdeen Plc in revealing an acute gender imbalance between employees under new disclosure requirements. Women at RBS receive average bonuses that are 64 percent lower than male employees, the bank said ...

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Barclays sees uptick gathering pace as dividend is restored

Barclays sees uptick gathering pace as dividend is restored

Bloomberg While Barclays Plc’s torrid 2017 ended on a mixed note, Jes Staley sees better things to come. Income from dealing stocks, bonds and currencies fell 18 percent, according to the bank’s fourth-quarter earnings report. That beat both the 26 percent decline estimated by UBS Group AG and the average 25 percent drop in markets revenue posted by Wall Street ...

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Saudi sees oil output cuts easing next year

Saudi hopes opec, allies can ease output curbs in 2019 copy

NEW DELHI / Reuters Saudi Arabia hopes OPEC and its allies will be able to relax production curbs next year and create a permanent framework to stabilise oil markets after the current supply cut deal ends this year, its oil minister said on Saturday. The Organization of the Petroleum Exporting Countries is reducing output by about 1.2 million barrels per ...

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