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RBS fined £14.5 million for poor mortgage advice

The latest in a long line of 'unacceptable' failings could have cost borrowers their homes, says regulator One-Minute Read Wednesday, August 27, 2014 - 1:47pm The Royal Bank of Scotland and NatWest have been fined £14.5 million by the...Show More Summary

RBS fined £14mn over poor mortgage advice

15 hours agoNews : The Newsroom

Britain's bailed-out Royal Bank of Scotland has been fined £14 million for not taking enough care to explain to home-buyers the costs of taking out a mortgage, regulators said on Wednesday. "The Financial Conduct Authority (FCA) hasShow More Summary

RBS Settles Copyright Lawsuit After U.S. Judge Blocks Software's Use

By Nate Raymond NEW YORK (Reuters) - Royal Bank of Scotland Group Plc said on Wednesday it had reached a settlement allowing it to use a key piece of software in its trade finance business that a U.S. judge had prevented the bank from using due to copyright infringement. Show More Summary

Royal Bank of Scotland to sell part of Coutts

London (AFP) - State-controlled Royal Bank of Scotland is looking to sell the international operations of its private bank Coutts, which counts Queen Elizabeth II among its clients, according to reports on Tuesday.

Exclusive: RBS confirms it's considering sale of Coutts' international arm

By Katharina Bart and Saeed Azhar ZURICH/SINGAPORE (Reuters) - Royal Bank of Scotland confirmed it was considering selling the international arm of its private bank, a deal one source said could net it as much as $1 billion, as the British government leans on it to focus more on domestic lending. Show More Summary

Exclusive: RBS Set To Offload Coutts International - Source

ZURICH (Reuters) - State-backed Royal Bank of Scotland is preparing to offload the international arm of its private bank, separating it from the UK unit, according to a source familiar with the matter. The British bank has attractedShow More Summary

Royal Bank of Scotland's (RBS) Q2 2014 Results - Earnings Call Transcript

Royal Bank of Scotland Group plc (NYSE:RBS) Q2 2014 Earnings Conference Call August 1, 2014 10:00 AM ET Executives Ewen Stevenson – CFO John Cummins – Treasurer Analysts Corinne Cunningham – Autonomous Research David Paulson [ph] – Axe Investments [ph] Robert Smalley – UBS Presentation Operator Good afternoon, ladies and gentlemen. Show More Summary

The Royal Bank of Scotland Group plc, H1 2014 Guidance/Update Call, Jul 25, 2014

The Royal Bank of Scotland Group plc (NYSE:RBS) July 25, 2014 4:00 am ET Executives Ross Maxwell McEwan - Group Chief Executive Officer, Executive Director and Member of Executive Committee Ewen Stevenson - Chief Finance Officer andShow More Summary

5 Takeaways From the ECB’s July Meeting

As economists at the Royal Bank of Scotland have observed, Mario Draghi’s news conference had a feeling of the "morning after the night before" in the wake of last month’s blizzard of policy announcements.

R.B.S. Chairman Says High Banker Pay Contributed to Financial Crisis

Philip Hampton, the chairman of the Royal Bank of Scotland, said at the bank's annual meeting that compensation in the financial industry “got out of line with the underlying performance of the business.”

Containers 'filled with Swiss bank data seized in Germany'

``The over 1,000 cartons packed with 14,000 files seized from a ship in Hamburg harbour came from the Cayman Islands offices of Zurich-based Coutts bank, now part of the Royal Bank of Scotland, the Welt am Sonntag reported. The papers...Show More Summary

Bonus Watch ’14: RBS

Royal Bank of Scotland execs are going to receive bonuses, even though the UK government owns 81 percent of the place and it has only earned a profit six out of a possible 24 times since 2008. So this is cause for excitement. Treasury...Show More Summary

Are Royal Bank of Scotland Group Share Sales Just Around the Corner?

RBS remains under majority government ownership, but this could change soon -- with major implications for investors.

RBS Chief Economist Michelle Girard: Economy Moves Sideways, Financial Markets Too Exuberant

By Harlan Levy: Michelle Girard is a managing director and chief economist at Royal Bank of Scotland. Harlan Levy: What do you think will be the effect on the U.S. economy of the ouster of Republican House Majority Leader Eric Cantor...Show More Summary

Ryder Cup £5

2 months agoArts : Coxsoft Art News

The Royal Bank of Scotland has unveiled a special Ryder Cup £5 bank note to commemorate the return of this golfing tournament to Scotland after more than 40 years. It will be legal tender in the UK, but won't go into general circulation. Show More Summary

In Hong Kong, RBS Swaps Mercedes for Nissan

Royal Bank of Scotland in Hong Kong has swapped the company's chauffeur-driven Mercedes sedan for a seven-seater Nissan.

Wasserstein & Co. to Buy Back American Lawyer

An investor consortium is to announce on Wednesday that it bought back ALM Media from its current owners, Apax Partners and the Royal Bank of Scotland.

Layoffs Watch ’14: RBS

The bank is set to relieve a whole bunch of employees of the need to come into the office (ever again). Royal Bank of Scotland PLC is planning to cut hundreds of jobs in its U.S. trading businesses over the next few months as it seeks to slim down its operations to prepare for tough… Continue reading » Follow Dealbreaker on Twitter or become a fan on Facebook. Tags: Layoffs, RBS

Citizens Bank Faces a Stormy Spinoff

The Royal Bank of Scotland is sending Citizens Bank on its own into an industry that is struggling with low interest rates and slow loan growth.

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