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RBS to relive unpleasant memories as investor lawsuit looms

By Andrew MacAskill and Sinead Cruise LONDON (Reuters) - At an English country mansion last month, lawyers for Royal Bank of Scotland (RBS) sat down with representatives of angry shareholders to broker an end to what may end up being...Show More Summary

RBS Looks to Sell Turkish Loans in Bid to Exit Shipping

Royal Bank of Scotland has put its portfolio of Turkish shipping loans up for sale, in the latest move by the state-backed bank to exit this troubled sector and cut overall losses through asset sales,

RBS Puts Turkish Shipping Loans Up for Sale in Exit from Sector

By Jonathan Saul and Andrew MacAskill LONDON, Aug 11 (Reuters) – Royal Bank of Scotland has put its portfolio of Turkish shipping loans up for sale, in the latest move by the state-backed bank to exit this troubled sector and cut overall losses through asset sales, two sources told Reuters. Show More Summary

RBS Will Have A Tough Time In The Coming Years, But The Impact On Its Share Price Is Exaggerated

The Royal Bank of Scotland Group has seen its shares sink by nearly 50% since the beginning of the year. While major banking giants globally have seen their share prices take a hit following the U.K.’s Brexit vote, RBS has been hit particularly hard by the fact that its revamped business model focuses almost entirely […]

RBS lost £2 billion in the first half of this year and is still paying out on past mistakes

Royal Bank of Scotland made a £2 billion pre-tax loss for the first half of 2016, blaming the high cost of past mistakes. The lender was weighed down by £1.3 billion of litigation and misconduct costs, including more payouts to customers...Show More Summary

Safe Bulkers to Amend Loan Pact with RBS

Safe Bulkers, Inc., an international provider of marine drybulk transportation services,  has agreed with the Royal Bank of Scotland plc (RBS) to amend certain

Interest in RBS Greek Shipping Unit Cools After Brexit Vote

By Jonathan Saul and Andrew MacAskill LONDON, July 11 (Reuters) – Royal Bank of Scotland is facing setbacks over a proposed sale of its Greek ship finance business, with potential suitors backing off, partly because of the British vote to leave the European Union, sources told Reuters. Show More Summary

Interest in RBS Greek Shipping Unit Cools after Brexit Vote

Royal Bank of Scotland is facing setbacks over a proposed sale of its Greek ship finance business, with potential suitors backing off, partly because of the British vote to leave the European Union,

The Biggest Loser – Banking Edition: Royal Bank of Scotland Down 97.5% Since March 2007

No, this isn’t the weight loss show on television. The post The Biggest Loser – Banking Edition: Royal Bank of Scotland Down 97.5% Since March 2007 was originally published at The Wall Street Examiner. Follow the money!

RBS CEO tells staff Brexit will cause period of economic uncertainty

LONDON (Reuters) - Royal Bank of Scotland Chief Executive Officer Ross McEwan has warned staff that Britain's decision to leave the European Union has caused a range of economic uncertainties "in the short, medium and long term", a memo seen by Reuters showed. Show More Summary

European Banks Get Lashed Again

Banks have been bracing for Brexit for months. Banks will need to brace more still. Shares of Barclays PLC (BCS) and the Royal Bank of Scotland (RBS) were throttled 20% and 10% in London on Monday, each down enough to trigger automatic trading suspensions. Lloyds (LLOY) fell another 10% while HSBC (HSBC) was hit for 4%. Brexit raises questions about […]

Scottish Royal Bank Suspends Private Euro Sales Amid Surge in Demand

The Royal Bank of Scotland (RBS) and its subsidiary National Westminster Bank (Natwest) have suspended euro sales both online and in the offices due to heightened demand following the UK's decision to leave the European Union, media reported Friday.

RBS Receives Bids for Greek Shipping Business

The Royal Bank of Scotland has received bids for its Greek ship finance business, banking and financial sources familiar with the matter said, following a leap

RBS Receives Bids for Greek Shipping Business, Sources Say

2 months agoVehicles / Watercraft : gCaptain

By Jonathan Saul, Sophie Sassard and Andrew MacAskill LONDON, June 22 (Reuters) – The Royal Bank of Scotland has received bids for its Greek ship finance business, banking and financial sources familiar with the matter said, following a leap in bad shipping debts at the lender over the past few months. Show More Summary

Exclusive: RBS receives bids for Greek shipping business - sources

LONDON (Reuters) - The Royal Bank of Scotland has received bids for its Greek shipping finance business which is worth about $3 billion as it looks to scale down on non-core activities, banking and financial sources familiar with the matter told Reuters. Show More Summary

RBS Taking Bids for Greek Shipping Business

The Royal Bank of Scotland has received bids for its Greek shipping finance business which is worth about $3 billion as it looks to scale down on non-core activities,

RBS planning to cut 900 jobs to reduce costs: sources

By Andrew MacAskill LONDON (Reuters) - State-backed Royal Bank of Scotland is planning to ax about 900 UK jobs, sources familiar with the process told Reuters, taking the total number of layoffs to around 5 percent of its British workforce in the last four months. Show More Summary

RBS has paused work on the launch of its own challenger bank

The Royal Bank of Scotland has halted work on the launch of its challenger bank brand Williams & Glyn, according to a report in the Financial Times. RBS said last year it was aiming to separate the business from the group by the first quarter 2017. Show More Summary

RBS has scouting networks in Silicon Valley and Israel

The Royal Bank of Scotland (RBS) has technology scouting networks in Silicon Valley, Israel, London, and Edinburgh to make sure it is up to date with the latest technology trends. Banks are facing a wave of competition from fintech —...Show More Summary

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