Financial

Financial

Bill Jamieson: Investors put trust in Scotland’s canniness

What’s in an investment name? One of the daunting challenges for retail investors is trying to discern from the lists of hundreds of funds and investment trusts what on earth the names stand for and what the fund does.

Opinion
The FCA has defended its handling of a RBS report (Photo by Dan Kitwood/Getty Images)

Financial watchdog defends handling of RBS small businesses report

The UK’s financial watchdog has defended its handling of a report into Royal Bank of Scotland’s treatment of small business customers following claims it failed to publish the document over fears of being sued.

Financial
RBS are closing 62 branches, including the only existing bank on the Isle of Barra.

Barra will get to keep RBS ATM, but branch closure going ahead

The Royal Bank of Scotland will keep an ATM on the Isle of Barra as they push ahead with closing the remote location’s only bank.

Inverness, Highlands & Islands 3
Richard Leonard wants RBS closures halted

Richard Leonard in Holyrood motion to halt RBS closures

Labour leader Richard Leonard has lodged a Holyrood motion calling on MSPs to back a campaign opposing widespread RBS local branch closures.

Politics 41

What you can do if your local RBS is closing

Royal Bank of Scotland announced 40 per cent of its Scottish branches would be closing.

Financial
The UN has a set of sustainable development goals. Picture: UN/Twitter.

Scots firms lend weight to sustainability trust

The button is being pressed on a new sustainable investment trust that hopes to plug a “significant financing gap”.

Financial
The Bank of Scotland branch in Piershill, Edinburgh is one of offices set to close. Picture: Google Map

Full list of Bank of Scotland branches closing in Scotland

Bank of Scotland will close branches across the country after its parent company pledged to shut down more high street locations.

Financial 5

Philip Hammond accused of RBS fire sale to pay for Brexit

Philip Hammond has been accused of mounting a “fire sale” of RBS shares to pay for Brexit preparations and investment aimed at shoring up the UK’s flagging economic growth.

Politics
Barclays and RBS have emerged as the weakest of the seven lenders.  Picture: TSPL

Royal Bank of Scotland to offer customers ‘robo-advice’

ROYAL Bank of Scotland is to launch a new robo-advice service aimed at customers who lack the confidence to invest alone.

News
Standard Life Aberdeen chairman Sir Gerry Grimstone. Picture: Graham Flack

Standard Life Aberdeen India JV makes strong market debut

Shares in Standard Life Aberdeen’s Indian joint venture made a strong debut when it floated on the country’s national stock exchanges today.

Financial
Ewan MacDonald-Russell of the SRC

Tough times continue on Scottish high street

The challenging conditions on the high street continued into last month with a fall in the overall value of sales north of the Border.

Financial
27/02/16.  RBS Six Nations,  Italy v Scotland,  Stadio Olimpico, Rome. Scotland players captain and man of the match Greig Laidlaw (left) and Finn Russell celebrate after the final whistle. Picture Ian Rutherford

NatWest to sponsor Six Nations rugby tournament – for one year

The RBS 6 Nations rugby tournament will become the NatWest Six Nations next year.

Financial
The AI service will be open to Bank of Scotland customers with iPhones

Bank of Scotland launches pilot AI banking app for iPhone

Scotland’s oldest bank has launched a pilot artificial intelligence (AI) service that will allow customers to chat with a software robot via text-based messages.

Tech
Gordon Brown. Picture: Jeff J Mitchell/Getty Images

Gordon Brown’s banking constitution could have prevented crash

The creation of a “global banking constitution” was the vision which Gordon Brown believed could have prevented a future financial crash.

Politics
In his new book, My Life, Our Times, the former prime minister Gordon Brown has harsh words for disgraced ex-RBS chief Fred Goodwin. Picture: Getty

Gordon Brown: Rogue bankers should be jailed for financial crisis

Scores of rogue bankers who brought the UK financial system to its knees should face prison, former prime minister Gordon Brown has said.

Politics
Gordon Brown has hit out at RBS' largesse.

Scott Macnab: Wasted millions of RBS typical of bankers’ largesse

The spectacular collapse of Edinburgh-based RBS was typical of the “shameful wasting of millions of pounds” which ran through the banking industry a decade ago, Gordon Brown has said.

Politics
Barclays "misled" UK authorities according to Gordon Brown. Picture: Getty

Oil money ‘bailed’ out Barclays, says Gordon Brown

Barclays “misled” the UK authorities by rejecting the offer of UK state aid during the banking crisis, Gordon Brown has claimed.

Politics
RBS plans to close branches in Bonnyrigg and Penicuik

RBS in major payout over ‘culture of securities fraud’

The Royal Bank of Scotland has paid out almost £34 million to settle a US criminal investigation that accused its traders of lying to customers over bond prices.

News
Jayne-Anne Ghadia, chief executive, Virgin Money,  Pic: Neil Hanna

Virgin Money chief claims RBS senior worker was ‘expected to sleep with her boss’

The boss of Virgin Money has described how a senior woman at the Royal Bank of Scotland became very upset as she was “expected to sleep with her boss”.

Financial
RBS plans to close branches in Bonnyrigg and Penicuik

Activist group brands RBS report a "whitewash"

Businesses have branded a report into Royal Bank of Scotland’s treatment of small firms a “whitewash” and have threatened legal action against the Edinburgh-based financial giant to claim compensation.

Financial
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