It's no secret that in the U.K., people are sick of bankers. While 'banker bashing' calmed in the U.S. in the years after the financial crisis, scandals like Libor manipulation and Standard Chartered's money laundering have seriously enraged British politicians. At least they're starting to get creative with it. Show More Summary
LONDON (Reuters) - State-backed British lenders Lloyds Banking Group and Royal Bank of Scotland have agreed plans to shore up their capital with the financial regulator, removing a barrier to the government offloading its shares.
LONDON (Reuters) - Britain's financial regulator said it had finalized capital requirements for Royal Bank of Scotland and Lloyds Banking Group and was comfortable with their plans.
LONDON – Both Barclays PLC (ADR) (NYSE:BCS) and Banco Santander, S.A. (ADR) (NYSE:SAN) were casualties of the credit crunch, but unlike Lloyds Banking Group PLC (ADR) (NYSE:LYG) and Royal Bank of Scotland Group plc (ADR) (NYSE:RBS), both have avoided the humiliation of large-scale state bailouts and cancelled dividends. Show More Summary
LONDON -- Both Barclays and Banco Santander were casualties of the credit crunch, but unlike Lloyds and Royal Bank of Scotland, both have avoided the humiliation of large-scale state bailouts and cancelled dividends. Indeed,...Show More Summary
DMV glitches in three U.S. states, Subarus start themselves and the SimCity server overload
By Harlan Levy: Michelle Girard is a managing director and chief economist at Royal Bank of Scotland. Harlan Levy: What are the implications for the economy of the new data showing disappointing housing starts, a surprising jump in initial...Show More Summary
Scotland is making a move for independence from the UK as a sovereign nation. Such an event is bound to be rife with political motivations and ramifications that I'm no where near qualified to gauge or judge. Yet, there is one thing that I can comment on with conviction, and that is the risks that abound in the banking system. Show More Summary
LONDON -- The FTSE 100 has seen little change on yesterday's close today, down 0.17% as of 9 a.m. EDT but still near its 10-year high of 6,732.4 set in June 2007. We still have plenty of companies on the up, mind. Here are three from...Show More Summary
easyJet, Royal Bank of Scotland, and United Utilities are rising.
Editor’s Note: Related tickers: Goldman Sachs Group, Inc. (NYSE:GS), Credit Suisse Group AG (NYSE:CS), Deutsche Bank AG (NYSE:DB), Morgan Stanley (NYSE:MS), Royal Bank of Scotland Group plc (LON:RBS), Enterprise Inns plc (LON:ETI), United...Show More Summary
Editor’s Note: Related tickers: Enterprise Inns plc (LON:ETI), Royal Bank of Scotland Group plc (LON:RBS), Lloyds Banking Group PLC (LON:LLOY), Dixons Retail PLC (LON:DXNS), The Sage Group plc (LON:SGE), Mitchells & Butlers plc (LON:MAB), The Blackstone Group L.P. Show More Summary
DUBLIN (Reuters) - Royal Bank of Scotland will cut 1,400 jobs over the next two years in a restructuring of its retail head office in Britain, the part-nationalized bank said on Thursday.
LONDON -- In my previous pick-of-the-sector report, I went for GlaxoSmithKline in the pharmaceuticals sector, and today I'm turning my attention to the banking industry. There are some who wouldn't trust a penny of their investment...Show More Summary
Barclays beats Royal Bank of Scotland and Lloyds Banking in the banking sector battle.
EDINBURGH (Reuters) - Royal Bank of Scotland said on Tuesday it would need another 18 months to strengthen its capital position enough to satisfy regulators.
EDINBURGH (Reuters) - Royal Bank of Scotland said 99.3 percent of shareholders who voted approved its remuneration report at its annual shareholder meeting on Tuesday.
LONDON – Thomas Moore is an investment director at Standard Life Investments. I recently spoke with Moore to understand why he believes these three bank shares are a good bet. The sector All three have had a great 12 months. In the last year, shares in Barclays PLC (ADR) (NYSE:BCS) are up 46.2%. Lloyds Banking Group [...]
LONDON -- Thomas Moore is an investment director at Standard Life Investments. I recently spoke with Moore to understand why he believes these three bank shares are a good bet. The sector All three have had a great 12 months. In the...Show More Summary
Despite all the negativity still engulfing the banking sector, this fund manager is backing Barclays, Lloyds Banking, and Royal Bank of Scotland to post big share price rises.