Royal Bank of Scotland returns to profitability for the first time in over a decade. The bank made an attributable profit of £752 million in 2017, the first since it was nationalised during the financial crisis. Despite a return to profitability,...Show More Summary
This story was delivered to BI Intelligence "Payments Briefing" subscribers. To learn more and subscribe, please click here. Two of the UK’s largest banks, Lloyds Banking Group and Royal Bank of Scotland, both announced this week that...Show More Summary
Taxpayer-owned Royal Bank of Scotland says it will eliminate hundreds of jobs and close 259 branches as more customers shift their banking online. The state-owned lender is the third bank … Click to Continue »
In a bid to make the most of the rapidly growing robo-advisory industry, The Royal Bank of Scotland Group has begun offering its customers robo-advisory services through its NatWest Invest platform.
Taxpayer-owned Royal Bank of Scotland is reporting a third consecutive quarterly profit after it increased lending and cut costs. RBS, bailed out by the British government during the 2008 financial … Click to Continue »
Good Morning! Here's what you need to know on Tuesday. 1. The Financial Conduct Authority has said it will carry out "a more focused investigation" into Royal Bank of Scotland's treatment of small businesses within the Global Restructuring Group (GRG) amid growing pressure for transparency. Show More Summary
Ulster Bank, a brand of the Royal Bank of Scotland (RBS), has announced that the organization has introduced a new banking open API and portal for developers. The Ulster Bank API allows approved third-party applications to access limited customer information. Show More Summary
FEATURE: (Reuters) — Bitcoin and other “cryptocurrencies” are big money, virtually as big as Goldman Sachs and Royal Bank of Scotland combined. The price of a single bitcoin hit an all-time high of above $3,500 this week, dragging up the value of hundreds of newer, smaller digital rivals in its wake. Now some investors fear a […]
LONDON (Reuters) - Bitcoin and other "cryptocurrencies" are big money, virtually as big as Goldman Sachs and Royal Bank of Scotland combined.
Royal Bank of Scotland swung to a profit in the second quarter as the taxpayer-owned lender reduced charges for past misdeeds. RBS, bailed out by the British government during the … Click to Continue »
Luxembourg-based company Beacon Rail Leasing has completed the acquisition of a fleet of Bombardier Class 220 and Class 221 Voyager diesel-electric multiple units from subsidiaries of Lloyds Bank and the Royal Bank of Scotland (RBS)...
Royal Bank of Scotland said Wednesday it has reached a $5.5 billion settlement in the United States over the mis-selling of mortgage-backed securities before the financial crisis — a key … Click to Continue »
Royal Bank of Scotland said Wednesday it has reached a $5.5 billion settlement in the U.S. over the mis-selling of mortgage-backed securities.
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
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
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
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
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 »
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