Friday newspaper round-up: RBS, Bank of Japan, Tesco

By

Sharecast News | 22 May, 2015

Updated : 07:15

RBS is to ask shareholders to approve the cost of producing any documents and fees associated with the process of the government selling down its 79% stake, according to The Guardian.

The yen strengthened overnight after the Bank of Japan maintained monetary policy and hinted that there is no rush to add further stimulus, reports the Financial Times.

Tesco could claw back the £1.2m termination fee of former chief executive Philip Clarke is it is shown that there was gross misconduct during his tenure, according to The Telegraph.

39% of Deutsche Bank shareholders at its AGM voted against the performances of the bank's co-chief executives, Anshu Jain and Jürgen Fitschen, in 2014, reports the Financial Times.

"Householders are staying in their homes for nearly three decades in some cities, exacerbating the acute housing shortage that is keeping upward pressure on prices and stretching affordability," The Times said, citing figures by Hometrack.

Following a meeting with Greek PM Alexis Tspiras, Angela Merkel and Francois Hollande said they would "personally contribute toward the direction of a viable, long-term solution for Greece and accelerate the procedure", a Greek government official said, writes The Wall Street Journal.

Conservative MPs Mark Garnier and Jesse Norman have stood down from the race to become the chairman of the Treasury select committee, giving incumbent chairman Andrew Tyrie a clean run at the seat, writes The Times.

Last news