Finance Avenue

As it goes on records with a formal posting of a net loss of 24.14 billion pounds (($34.4 billion), Royal Bank of Scotland has set a record of not only a massive loss but the biggest restructuring plan in the British corporate history. The intensity and extent of its restructuring plan is all set to [...]

Need of the Hour : Redefining Banks and Increased Accountability
Banks have always played the number games and earning a high margin of returns against their funding or investments especially in the boom time or so it seemed. But with the current scenario of economic slowdown and uncertainties, the true scene comes to fore showing [...]