{"id":27581,"date":"2012-02-23T08:06:33","date_gmt":"2012-02-23T13:06:33","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=27581"},"modified":"2012-02-23T08:06:33","modified_gmt":"2012-02-23T13:06:33","slug":"rbs-chairman-makes-plea-as-2bn-loss-is-announced","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2012\/rbs-chairman-makes-plea-as-2bn-loss-is-announced.html","title":{"rendered":"RBS chairman makes plea as \u00a32bn loss is announced"},"content":{"rendered":"<p>Guardian &#8211; Royal Bank of Scotland\u00a0pleaded on Thursday to be allowed to run on a commercial basis as the taxpayer-owned bank announced losses widened to \u00a32bn in 2011, and confirmed it paid out \u00a3390m in bonuses to investment bankers.<\/p>\n<p>Sir Philip Hampton, appointed chairman after the October 2008 bailout, said that the bank needed to be run on &#8220;commercial grounds&#8221; if taxpayers were to get their \u00a345bn investment back. The taxpayer is currently sitting on \u00a320bn of losses on its 82% stake, despite the 2% rise in the shares to 28p by 8.30am.<\/p>\n<p><a href=\"http:\/\/www.guardian.co.uk\/business\/2012\/feb\/23\/rbs-commercial-status-2bn-loss?CMP=EMCNEWEML1355\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Guardian &#8211; Royal Bank of Scotland\u00a0pleaded on Thursday to be allowed to run on a commercial basis as the taxpayer-owned bank announced losses widened to \u00a32bn in 2011, and confirmed it paid out \u00a3390m in bonuses to investment bankers. Sir [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-27581","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/27581","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=27581"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/27581\/revisions"}],"predecessor-version":[{"id":27583,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/27581\/revisions\/27583"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=27581"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=27581"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=27581"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}