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ROYAL Bank of Scotland will tomorrow launch a groundbreaking study into Scottish women in business. 1 Comment
Royal Bank of Scotland (RBS) today announced that it is planning to cut 3,500 jobs over the next three years as it attempts to shrink its investment banking division. 1 Comment
CHANCELLOR George Osborne has signalled the end of Royal Bank of Scotland as a major international player and unveiled reforms to the financial services sector to prevent another banking collapse. 19 Comments
SMALL shareholders vowed to press on with legal proceedings against directors and advisers of the Royal Bank of Scotland despite a report by the Financial Services Authority (FSA) finding “no evidence” on which it could press charges or “take enforcement action”.
FORMER RBS shareholders have reacted with fury ahead of tomorrow’s publication of a report into its collapse which is expected to exonerate the bank’s senior managers. 7 Comments
PART-NATIONALISED Royal Bank of Scotland today reported a return to profit, which it said demonstrated its improved strength since the banking crisis of 2008.
STAFF at Clydesdale Bank celebrated the departure of their boss Fred Goodwin for three days, according to one of the executives who worked for him at Royal Bank of Scotland.
Architecture firm RMJM has been told it will retain its involvement in a major project in the Russian city of St Petersburg.
The chairman of the Treasury select committee has written to banking bosses over concerns for universal access to cash machines.
WHITEHALL officials fear the Royal Bank of Scotland could have to be bailed out for a second time as part of efforts to recapitalise the crisis-hit banking sector in Europe.
Britain’s financial watchdog is running the rule over Royal Bank of Scotland’s portfolio of distressed commercial property loans, as the European debt crisis injects fresh volatility into prices.
The UK government could see the first returns on its multi-billion-pound bail-out of British banks as early as the first half of 2012 after senior figures over the weekend hinted at plans for a £5 billion share sale for RBS.
CAF Bank, the not-for-profit banking operation owned by the Charities Aid Foundation, has signed a deal with Royal Bank of Scotland.
THE first mea culpa came even before the markets opened. Following media speculation over the weekend, Barclays published a notice at 6am that it was throwing in the towel and giving up its appeal against the latest mis-selling scandal to engulf the already vilified banking market. The bank reckoned the decision to give up the fight will cost it £1 billion.
THE deadline for the publication of a regulatory report into the collapse of Royal Bank of Scotland is set to be postponed indefinitely, triggering the appointment of an independent City heavyweight to help salvage the inquiry.
Royal Bank of Scotland is among a group of major banks under investigation by the EU over possible collusion in credit default swaps (CDS), which many politicians blame for exacerbating the eurozone debt crisis.
Calls have been made for former RBS chief Sir Fred Goodwin to come clean over his super-injunction.
A REPORT by the City regulator into what caused Royal Bank of Scotland to implode is being delayed by legal challenges orchestrated by ex-directors of the bailed-out institution, including former chief executive Sir Fred Goodwin.