The £3 million Edinburgh home of Sir Fred Goodwin, the former chief executive of Royal Bank of Scotland (RBS), was attacked overnight.
The Times reports at least four ground-floor windows were smashed and a black Mercedes car was vandalised, said police, who were called at around 4.15am.
The house is in the exclusive suburb of Morningside. Sir Fred has aroused a storm of controversy over the £16.9 million pension pot he was awarded after quitting RBS. He was instrumental in the 2007 purchase of parts of Dutch bank ABN Amro which brought RBS to its knees.
Sir Fred's whereabouts are unknown. It is believed he is considering leaving Britain to avoid the growing row over his pension.
HSBC is cutting about 1,200 jobs in Britain as cost-cutting across the battered banking industry continues to force job losses, according to The Independent.
HSBC said the operating environment for banks in Britain was "extremely challenging" and will remain so for some time. Most of the cuts would be in processing and operations.
There will be some losses in finance, human resources and information technology, but no customer service staff in branches will be affected, the bank said in a statement.
A spokesman said the bank will close an operations centre in Leamington Spa, in central England, affecting 290 jobs and another in Newport, Wales, affecting 90 staff.
HSBC cut 500 jobs at its UK banking business in December following a review of the business, and axed 1,100 investment banking jobs in September.
HSBC, Europe's biggest bank, employs about 58,000 people in Britain and 312,000 people globally.
The boss of Barclays' investment banking arm has taken a £4m blow to his annual remuneration, reports The Guardian.
Bob Diamond, the hard-charging boss of Barclays' investment banking arm, has always done things bigger than most of his City peers, so it was fitting in these difficult times that he has taken a bigger pay cut too.
The bank's annual report today revealed the famously gym-sculpted American has suffered a brutal £4m cut to his annual remuneration - leaving him last year with a meagre £17m in cash and shares.
Yesterday, Barclays maintained Diamond's pay was cut to a decidedly modest basic salary of £250,000. But a closer reading of the bank's report revealed his total take-home pay last year was bolstered by payments from share and bonus schemes he had achieved.IFAonline
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