RBS to pay $125M to settle California mortgage bond claims
Royal Bank of Scotland Group Plc will pay $125 million to resolve claims that it made misrepresentations while…
Browsing Tag
Royal Bank of Scotland
RBS racks up ninth straight year of losses
Royal Bank of Scotland (RBS), one of the U.K.'s "big four" banks, reported its ninth consecutive year of losses in…
Royal Bank of Scotland writes off $4bn for US mortgage mis-selling cases
Royal Bank of Scotland has taken a 3.1 billion pound ($3.92 billion) provision as it is set to settle claims in the…
Shell signs $15.3 billion Bridge Loan
Royal Dutch Shell (RDSa.L) has agreed a 10.07 billion pound ($15.28 billion) bridge loan from a group of…
FTSE 100 drops as RBS falls; but monthly gain in sight
U.K. stocks fell Thursday, with investors assessing a raft of financial results from Royal Dutch Shell PLC and…
Five Banks Fined £2bn by Regulators over Forex Failings
Five banks have been collectively fined £2bn by UK and US regulators for traders' attempted manipulation of foreign…
European Stocks Edge higher ahead of Inflation Report
Stocks in Europe held to thin gains Tuesday ahead of a key report on inflation in the eurozone. As the region has…
Barclays Considers Potential Sale of UAE Retail Business
Barclays Plc is conducting a strategic review of its retail banking operations in the United Arab Emirates which…
Banque Misr, CIB, Ahli United Seek Contributors To US$290 Mln Loan
A consortium comprised of Banque Misr, Commercial International Bank (CIB) and Ahli United Bank (Egypt) has started…
Moody’s Demotes 15 Major Banks
The credit ratings agency Moody's has downgraded 15 global banks and financial institutions. The UK banks…
Argentina Warns Banks off Falkland’s oil links
The Argentine government has threatened British and American banks with legal action over giving advice or even…
RBS Shares Rise After News of Possible Selling To Abu Dhabi
Shares in Britain's state-owned Royal Bank of Scotland (RBS.L) rose sharply on Tuesday after the news that Britain…
Trade Union attacks RBS and Lloyds over “brutal” job cuts
Unite trade union has written to the government's UKFI banking body to express its anger at the latest round of job…
Standard Chartered eyes Saudi license
Standard Chartered has sought a full commercial banking license from the Saudi central bank as the UK lender aims…
RBS ends MidEast equity research tie-up with Dubai’s Rasmala
Royal Bank of Scotland Group Plc, Britain’s biggest state-owned lender, ended an arrangement with Dubai-based…
RBS to cut costs in Australia
Royal Bank of Scotland (RBS.L) plans to close its Australian fixed income, commodity and currency (FICC) trading…
European Stocks’ Slump
European stocks dipped Thursday as investors still wait for Greece to secure a second bailout, and the prospect of…
RBS staff held in tax fraud investigation
Royal Bank of Scotland has been drawn into a criminal tax fraud investigation as five current and former employees…