Trend Results : Royal Bank of Scotland

Blog Post Results (1-20 of 724)


Royal Bank of Scotland is scrapping 443 UK jobs

Royal Bank of Scotland (RBS) announced on Monday it will be moving 443 UK jobs to Mumbai in a cost-cutting measure. The positions in question relate to the handling of loans for small businesses, which have caused concerns about whether...Show More Summary

A court battle with former RBS CEO Fred Goodwin as a witness has been delayed for the third time

LONDON – A court battle between the Royal Bank of Scotland and thousands of shareholders was adjourned until June 7, to give more time for last-ditch settlement talks. The adjournment is the third time this week the court case has been...Show More Summary

RBS is in last-ditch talks to avoid a court battle with investors

A court battle between the Royal Bank of Scotland and thousands of shareholders was adjourned for a second day on Tuesday, paving the way for last-ditch settlement talks. The dispute, which would see former CEO Fred Goodwin make hisShow More Summary

REPORT: RBS is doubling a settlement offer to shareholders who are suing it for its ill-fated 2008 rights issue

The Royal Bank of Scotland has reportedly doubled a settlement offer to thousands of shareholders that are suing the bank and former RBS executives after they invested in the bank before its 2008 rights issue and subsequently lost lots...Show More Summary

Royal Bank of Scotland swings to profit in first quarter

The Royal Bank of Scotland swung to a profit in the first quarter as the taxpayer-owned bank cut costs and increased lending. RBS, bailed out by the British government during … Click to Continue »

RBS is still being pummelled by litigation and restructuring costs

The Royal Bank of Scotland swung back into the black in the first quarter but it is not as positive as it looks. It is still being hit by a spate of litigation and restructuring costs and it was relieved of not having to pay a £1.2 billion...Show More Summary

HAMMOND: We live in the real world and will probably have to sell RBS shares at a loss

LONDON — The UK government may sell its shares in Royal Bank of Scotland for less than the price it paid for them during the 2008 financial crisis, Chancellor of the Exchequer Philip Hammond said. Hammond signalled that he was prepared...Show More Summary

RBS is reduced to a shadow

London - Nine years after the beginning of a £45 billion (R756.34 billion) bailout by the British government, Royal Bank of Scotland is emerging from its restructuring process a shadow of what was once the biggest lender in the world. Show More Summary

RBS’s Decision To Close 158 Branches Should Boost Retail Banking Profits

Earlier this week, The Royal Bank of Scotland Group announced that it will close as many as 158 branches across the U.K. – making it the latest bank to pare down on redundant branches as customers switch to mobile and internet banking services for many banking needs.

The 'King of Mining' and a former Merrill Lynch dealmaker back fintech startup Revolut

LONDON — A raft of City grandees including a former star dealmaker known as the "King of Mining" and a key advisor behind Royal Bank of Scotland’s $100 billion (£67 billion) takeover of ABN Amro have invested in fintech app Revolut,Show More Summary

The head of HR at a top Wall Street bank shares the secrets to getting ahead in finance

Liz Lieberman is a human resources veteran on Wall Street. Before joining RBC Capital Markets as managing director and Head of US Human Resources, Lieberman was the Global Head of HR at the Royal Bank of Scotland. She also held top HR roles at Merrill Lynch, Lehman Brothers, and Deutsche Bank, according to her Linkedin page. Show More Summary

RBS CEO MEMO TO STAFF: 'We're approaching a level of normality the bank has not had since before the crisis'

LONDON — The CEO of Royal Bank of Scotland (RBS) thanked staff for their dedication and determination in a memo sent on Friday and seen by Business Insider, saying the lender has "taken a substantial step forward in 2016." The memo from...Show More Summary

RBS made its 9th consecutive year of losses and says it won't make a profit until 2018

The Royal Bank of Scotland just reported its ninth consecutive year of losses. The bank, which is 73% state-owned, said in its full year financial results statement that it lost £6.955 billion compared with £1,979 million in 2015. The...Show More Summary

RBS’s Decision To Scrap Williams & Glyn Sale Is Good For The Bank In The Long Run

Late last week, The Royal Bank of Scotland Group announced that it will no longer pursue a sale of its Williams & Glyn unit and will instead restructure the operations to help promote competition in the U.K.’s SME (small and medium enterprises) banking sector.

RBS shares are popping thanks to a new plan to clear up a major EU headache

LONDON — Royal Bank of Scotland (RBS) stock is jumping on Monday morning after the bank confirmed that it probably won't have to spin out its Williams & Glyn bank after all. Shares in Royal Bank of Scotland are up over 5% after almost half an hour's trade in London. Show More Summary

Britain's government is letting RBS give up on key promise it made when it got a £45 billion bailout

Britain's government is on the cusp of telling the Royal Bank of Scotland that it does not need to sell its spin-off Williams & Glyn unit, which was initially a condition of its massive government bailout in 2008. The Treasury said in...Show More Summary

Copyright © 2015 Regator, LLC