Should you buy this bailed out British bank that's attempting a turnaround?
Will Ireland's two pillar banks get another competitor?
LONDON (Reuters) - Royal Bank of Scotland is working on a plan to salvage its troubled Irish business, Ulster Bank, by merging it with a number of rivals, the Sunday Times newspaper reported.
The Royal Bank of Scotland Group (RBS) 2013 Fixed Income Call February 28, 2014 8:30 am ET Executives John Cummins - Group Treasurer Nathan Bostock - Executive Director Vandita Pant - Head of Commodity Finance Advisory Unit Richard O’Connor - Head of Investor Relations Analysts Lee Street - Morgan Stanley, Research Division Ron J. Show More Summary
Business is about opportunities. Investing is about risk. Two sides of the same coin. That's an aphorism I just made up, which I'd like to think gets to the heart of the issue about Standard Life and Royal Bank of Scotland setting out...Show More Summary
RBS HAS LOST ITS £46BN BAILOUT Royal Bank of Scotland has lost all of the £46bn pumped into it by the taxpayer in 2008, reports the Daily Telegraph. The lender confirmed that its total losses since the bailout are now level with the £46bn invested in it six years ago. Show More Summary
Royal Bank of Scotland (RBS) launched a campaign to transform itself from pariah to trusted British lender by slashing costs and repositioning itself as a UK-focused retail and commercial bank. ||| London - Royal Bank of Scotland (RBS)...Show More Summary
The Royal Bank of Scotland Group (RBS) 2013 Earnings Call February 27, 2014 4:00 am ET Executives Nathan Bostock - Executive Director Richard O’Connor - Head of Investor Relations Analysts Chirantan Barua - Sanford C. Bernstein & Co., LLC., Research Division Chintan Joshi - Nomura Securities Co. Show More Summary
THE Royal Bank of Scotland will pay out £576m in staff bonuses despite suffering an £8.2bn pre-tax loss last year – its sixth annual loss since the bank's 2008 government bailout. Its chief executive, Ross McEwan, described the results...Show More Summary
Royal Bank of Scotland to cut spending after $13 billion loss in 2013. Anil Agarwal increased his stake in Vedanta Recourses Plc. Chinese electronic makers ZTE and Huawei are trying to win a bigger share the smartphone market. eBay to...Show More Summary
Royal Bank of Scotland Group, the lender mostly owned by the British government, saw its loss of £9, or $15 billion, grow as it set aside £3.8 billion for possible legal bills and wrote down the value of assets by £4.8 billion.
LONDON (Reuters) - Part-nationalized Royal Bank of Scotland said it would refocus on serving British customers after reporting an 8.2 billion pound ($13.64 billion) loss for 2013, hit by restructuring costs and misconduct charges.
(Reuters) - Royal Bank of Scotland said it intends to sell almost all of its remaining stake in Direct Line Insurance Group through a placement to institutional investors.
Employees of the royalest bank in the UK should expect lower bonuses for 2013, but they will have the opportunity to serve tea and haul feta for customers free of charge, so things even out. Royal Bank of Scotland has received approval...Show More Summary
Royal Bank of Scotland has reportedly been given the green light to pay about 550 million pounds in staff bonuses for 2013. ||| London - Royal Bank of Scotland has received approval from Treasury agency UK Financial Investments to pay about 550 million pounds ($920 million) in staff bonuses for 2013, Sky News reported late on Tuesday. Show More Summary
(Reuters) - Royal Bank of Scotland has received approval from Treasury agency UK Financial Investments to pay about 550 million pounds ($920 million) in staff bonuses for 2013, Sky News reported late on Tuesday.
Last summer, Adrian Eady, a banker with Royal Bank of Scotland Group, was nearly crushed hauling a crate of feta cheese off a forklift truck in a North London warehouse. A few months earlier, the state-controlled bank sent Mr. Eady to wear an apron and serve cappuccinos in a cafe. Show More Summary
Earlier this week, Royal Bank of Scotland CEO Ross McEwan announced that he had a new professional goal for himself. “My aspiration is not to run the world’s biggest bank,” he said via video posted on the bank’s website. “My aspiration...Show More Summary
Britain's top shares rose, lifted by bid speculation around index heavyweight Vodafone and by investors welcoming possible restructuring plans at Royal Bank of Scotland. ||| London - Britain's top shares rose on Friday, lifted by bid...Show More Summary
Royal Bank of Scotland is to shrink its investment banking and international operations in a revamp in which the group could shed up to a quarter of its 120,000 workforce, sources familiar with the matter said. ||| London - Royal Bank...Show More Summary