More than 140 major UK employers including BAE Systems and Royal Bank of Scotland have pledged to improve gender equality in the workplace by signing up to the government’s Think, Act, Report (TAR) campaign, Women and Equalities Minister, Maria Miller announced today. The voluntary scheme focuses on creating a cultural shift and encourages businesses to […]
Another week, another disaster for the Royal Bank of Scotland. This time customers of the state-owned bank could not access their bank accounts yesterday evening, thanks to a computer meltdown. Some customers are still experiencing difficulties, it is reported, as the bank struggles to process a backlog of transactions. Why does this keep on happening? [...]
The Royal Bank of Scotland (RBS) has apologised to customers after ‘system issues’ left RBS and NatWest customers unable to make payments last night. Customers were affected from around 6.30pm on Monday, which is one of the busiest online shopping days of the year, with issues with accessing online banking and mobile apps also reported. […]
The head of Royal Bank of Scotland admitted that it had failed to invest in its IT systems “for decades”. ||| London - The head of Royal Bank of Scotland admitted on Tuesday that it had failed to invest in its IT systems “for decades”, after a glitch left customers of the state-rescued lender unable to access cash for three hours. Show More Summary
LONDON (Reuters) - Royal Bank of Scotland's new boss admitted the state-backed bank had under-invested in its systems for decades and apologized for an "unacceptable" technology crash that affected more than 1 million customers on Monday.
LONDON (Reuters) - Royal Bank of Scotland's systems crash that left more than 1 million British and Irish customers unable to withdraw cash or pay for goods on Monday has revived concerns about the resilience of the state-backed bank's technology.
Angry shoppers 'embarrassed' at checkouts and petrol stations, but RBS can't explain shut-down First Reaction LAST UPDATED AT 11:17 ON Tue 3 Dec 2013 THE Royal Bank of Scotland has promised to compensate any customer left "out of pocket"...Show More Summary
Yves here. This story of institutionalized pilferage of customer accounts hasn't gotten the attention it warrants in the US. Even if you are pretty jaded about bank chicanery, I suspect you'll find this account falls in the category of "no matter how bad you think it is, it's worse." And in this case, the victims aren't the usual hapless retail customers, but businesses.
LONDON (Reuters) - Royal Bank of Scotland's boss said he did not believe the UK state-backed bank had conducted a "systematic" effort to profit from its troubled business customers.
Royal Bank of Scotland said it sold its remaining stake of about 20 percent in WorldPay. ||| London - Royal Bank of Scotland said it sold its remaining stake of about 20 percent in WorldPay to the payment processing firm's majority shareholders, private equity firms Advent International and Bain Capital. Show More Summary
Reports that Royal Bank of Scotland mistreated small businesses were concerning and needed to be fully investigated, Bank of England governor Mark Carney said on Tuesday. ||| London - Reports that Royal Bank of Scotland (RBS) mistreated...Show More Summary
(Reuters) - Britain's Serious Fraud Office is considering the possibility of launching a criminal investigation into allegations that Royal Bank of Scotland mistreated struggling small businesses, the Financial Times reported on Tuesday, citing five pe...
LONDON (Reuters) - Royal Bank of Scotland has appointed law firm Clifford Chance to conduct an inquiry into the treatment received by small business customers in financial distress, responding to suggestions it closed down viable businesses too quickly...
By Harlan Levy: Michelle Girard is a managing director and chief economist at Royal Bank of Scotland. Harlan Levy: What do you take away from the Federal Reserve's comments on the economy and outlook on lessening its monthly buying of...Show More Summary
Royal Bank of Scotland has appointed law firm Clifford Chance to conduct an inquiry into the treatment received by small business customers in financial distress, responding to suggestions it closed down viable businesses too quickly. Show More Summary
LONDON (Reuters) - Part-nationalised British lender Royal Bank of Scotland has been accused by a government advisor of pushing struggling small firms into its turnaround unit so it can charge higher fees and take control of their assets.
Ross McEwan's appearance at the Scottish Parliament at its annual business conference on Friday signalled another attempt by the Royal Bank of Scotland to get on to the front foot. The chief executive continued his immediate predecessor's...Show More Summary
Some Wall Street banks, like Citigroup, Royal Bank of Scotland, and Barclays are banning chat rooms.
Royal Bank of Scotland said it was in talks to sell its retail investor products and equity derivatives business. ||| London/Paris - Royal Bank of Scotland said it was in talks to sell its retail investor products and equity derivatives...Show More Summary
LONDON (Reuters) - Royal Bank of Scotland said on Monday it is in talks to sell its retail investor products and equity derivatives (IP & ED) business to an unnamed party.