According to Finextra.com, Ulster Bank (a subsidary of the Royal Bank of Scotland) will be holding a multi-city hackathon series in Belfast and Dublin. The report says that Ulster is producing the hackathon (dubbed Hack/Make The Bank) in collaboration with O
Major UK banks, including Barclays and Royal Bank of Scotland, have warned that Chancellor George Osborne's plan to turn Britain into a hub for the virtual currency trade could help terrorists and criminals. The warning came in a letter to the Treasury from the British Banker's Association (BBA), which represents the leading British banks. Show More Summary
ROYAL Bank of Scotland (RBS) and Barclays might have to pay some of the biggest bills from an estimated $52 billion (R598bn) in fines and other litigation costs facing Europe’s banks in the next two years, Morgan Stanley analysts said yesterday. Show More Summary
LONDON (Reuters) - Royal Bank of Scotland and Barclays may have to pay some of the biggest bills from an estimated $52 billion in fines and other litigation costs facing Europe's banks in the next two years, Morgan Stanley analysts said. Show More Summary
By Jamie McGeever and Kirstin Ridley LONDON (Reuters) - Royal Bank of Scotland currency trader Paul Nash has become the first individual arrested in connection with a global inquiry into alleged manipulation in the foreign exchange market, sources familiar with the matter said on Thursday. Show More Summary
Chris Sullivan, who became deputy chief executive last year after leading its corporate bank and was expected to leave the bank later this year, left on Dec. 31.
Ouch! 80% government-owned Royal Bank of Scotland is daring to go there... In the wake of a comprehensive review of more than 50 current and former traders who worked at the bank (and a $634 million fine), Bloomberg reports that RBS is suspending the bonuses of 18 FX traders. Show More Summary
``The bank, which remains 81% owned by taxpayers, said it had made the decision to hold the payments as it continues to investigate the conduct of more than 50 former and current employees.''
The Royalest Bank of Scotland is holding onto some unvested until it determines who did/didn’t committ fraud. The Royal Bank of Scotland said on Tuesday that it was holding payment of a unvested portion of bonuses to 18 current and former employees until it completes an internal review of its foreign currency trading operations. Show More Summary
Here's a great letter from an irate contractor who was working at the Royal Bank of Scotland's headquarters in London when his lunch was rather rudely interrupted by a PR stunt organised by Russell Brand. To be fair to Russell he was actually big enough to reply and apologise for losing his temper and spoiling Jo's lunch. Show More Summary
One RBS business analyst just tore Russell Brand a new one. The drug-abusing-playboy-turned-political-activist stormed the London headquarters of the Royal Bank of Scotland last week, confronting any and all employees he could find and demanding to know their salaries. Show More Summary
The Royal Bank of Scotland, the Lloyds Banking Group and the Co-operative Bank would not have had sufficient capital to comfortably weather a sharp financial downturn at the end of 2013, the Bank of England found.
The results of the UK's bank stress tests are now out. The Co-operative Bank, Royal Bank of Scotland and Lloyds were all told that they need to strengthen their capital. The Co-op Bank also has to submit a new capital plan, meaning it...Show More Summary
(Reuters) - Italy's retail bank Intesa SanPaolo is looking at a possible bid for Coutts International, the wealth management arm of Royal Bank of Scotland, the Financial Times reported. Intesa is trying to persuade RBS to sell the whole...Show More Summary
LONDON (Reuters) - Royal Bank of Scotland said on Friday that it wrongly calculated its core capital for a test of its financial health by European regulators and only marginally passed a test it initially appeared to have passed comfortably. Show More Summary
Dear Mr. Draghi, we are very sorry but we messed up on the 'stress test'. The Royal Bank of Scotland shares are sliding after it admitted that it made an error - not in favor the bank - in its stress test calculations... RBS: CET1 STRESS...Show More Summary
Royal Bank of Scotland (RBS) has been fined £56 million (R967m) by UK’s financial regulators for a system crash in 2012 that left millions of customers unable to make or receive payments. ||| Matt Scuffham London ROYAL Bank of Scotland...Show More Summary
Royal Bank of Scotland has been fined 56 million pounds (R976 million) by Britain's financial regulators. ||| London - Royal Bank of Scotland has been fined 56 million pounds (R976 million) by Britain's financial regulators for a system crash in 2012 that left millions of customers unable to make or receive payments. Show More Summary
A software problem in June 2012 left more than 6.5 million customers at R.B.S., National Westminster Bank and Ulster Bank unable to access their accounts.
RBS FINED £56M FOR SOFTWARE GLITCH Royal Bank of Scotland has been fined £56m by the Financial Conduct Authority and the Prudential Regulation Authority for a 2012 incident when a software upgrade left millions of customers unable to access their accounts. Show More Summary