Trend Results : Royal Bank of Scotland

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R.B.S. Adds Former C.E.O. of France’s Thomson to Board

Frank Dangeard, who also was the former chairman of SG Warburg France, will join the Royal Bank of Scotland’s board of directors immediately.

Ian Fraser: RBS' challenger bank Williams & Glyn is a 'microcosm' of the bank's problems

The Royal Bank of Scotland announced some pretty terrible results on Friday where losses nearly doubled in the first quarter, compared to the same period last year. But amongst the near £1 billion in losses, Ian Fraser, author of the...Show More Summary

RBS just lost an obscene amount of money because it wanted to start paying dividends again

The Royal Bank of Scotland just posted a horrific set of results. And the main reason for why it lost a lot of money is because it had to pay for the right to start paying dividends to shareholders again. The 73% state-owned bank said...Show More Summary

Nan Shepherd’s Portrait Graces New Royal Bank of Scotland Notes

Scotsman remarks that RBS’s newest batch of currency includes appearances by two of the nation’s most extraordinary women: Scottish poet and novelist Nan Shepherd, in addition to Scottish scientist Mary Somerville. This is the first time that Scottish women are featured on the country’s main issue bank notes. More: Scottish poet and novelist Nan Shepherd […]

Female Author Nan Shepherd Features on New RBS £5 Note

Author Nan Shepherd was chosen by the Royal Bank of Scotland board to feature on the new Scottish £5 note. Her writing focuses on the beauty of the Scottish landscape; the hills, the rocks, the plants, the quarries and the weather. Born in the village of Cults on the outskirts of Aberdeen, Shepherd spent her entire life in rural Scotland. Show More Summary

The Wonderful Big Data Strategy At Royal Bank Of Scotland

RBS has developed a Big Data strategy which it calls “personology” in an attempt to reconnect with customers. The bank, which is currently undergoing re-privatization seven years after it was bailed out to the tune of £45 billion by UK taxpayers during the financial crisis, is combining data analytics with [...]

Ex-Bank of America Merrill Lynch Banker to Head U.K. Financial Investments

As chief executive, Oliver Holbourn will oversee the sale of the British government’s stake in Lloyds Banking Group and the Royal Bank of Scotland.

R.B.S. Reimburses $1.7 Billion to British Government

The payment by Royal Bank of Scotland fulfills a condition of a bailout that gave the British government priority for dividend payments.

RBS to cut 448 UK jobs in investment bank

LONDON (IFR) - Royal Bank of Scotland said 448 jobs are to go in the middle and back office of its UK corporate and institutional bank. The roles relate to its transaction management and operations division. RBS has previously said it...Show More Summary

Royal Bank of Scotland is axing investment bankers

Royal Bank of Scotland (RBS) is cutting 448 investment banking jobs in the UK to cut costs. The Financial Times reports that the bank is cutting back office and middle office positions, including support and technology, as it tries to shrink the division. Show More Summary

Royal Bank of Scotland Loses Finra Arbitration Over Firing

The bank botched the firing of a former executive so badly that a Finra arbitration panel ordered it to pay $2.05 million in damages.

Royal Bank of Scotland is testing a robot that could solve your banking problems (RBS)

The BI Intelligence Content Marketing Team covers news & research we think you would find valuable. This topic was originally highlighted and sent to subscribers of the Mobile Insider newsletter. If you hate dealing with bank tellers...Show More Summary

RBS has built an AI called 'Luvo' to help staff respond to customers over web chat

Royal Bank of Scotland (RBS) is deploying artificial intelligence (AI) technology to help staff answer customer queries quicker. The Edinburgh-headquartered bank said on Thursday that it will be rolling out the AI, known as "Luvo," across...Show More Summary

A Brexit has the potential to kill off RBS

The banks are worried about Britain leaving the European Union — known as a Brexit — and it could see the end of the Royal Bank of Scotland. Why? — because not only would it have to deal with the economic fallout like the rest of the...Show More Summary

R.B.S. Reports Multibillion Dollar Loss in 4th Quarter

Royal Bank of Scotland, which is based in Edinburgh, said results suffered from about $3 billion in provisions for legal and regulatory matters.

RBS lost a colossal £2 billion and this massive set of legal issues is threatening to wreck the bank (RBS)

The future for the Royal Bank of Scotland looks unbelievably bleak if a number of issues are not resolved in the bank's favour. And in the group's 2015 results statement, the bank didn't sugarcoat the fallout. RBS is embroiled in a number of investigations and being subject to government actions. Show More Summary

17 Snapshots Capture Everyday Life of Staff at National Westminster Bank, London in The Late 1960s

National Westminster Bank Plc, commonly known as NatWest, is the largest retail and commercial bank in the United Kingdom. Since 2000 it has been part of The Royal Bank of Scotland Group, ranked among the top 10 largest banks in theShow More Summary

Citi: The Global Economy Is Trapped in a ‘Death Spiral’

Weeks after the Royal Bank of Scotland advised its investors to “sell everything,” Citi has decided to provide its own clients with fodder for a panic attack. In a report released Thursday, the bank warned that the global economy appears to be “trapped” in a “death spiral.”Here’s a thumbnail sketch... More »

RBS is still a mess but it's better that taxpayers hold onto it for now

The Royal Bank of Scotland unleashed a horrendous market update – warning it would take a £2.5 billion ($3.6 billion) hit. The bank is paying out on legal bills and extra provisions for misselling, writedowns on its private bank andShow More Summary

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