Key Developments: Royal Bank of Scotland Group PLC (RBS)

RBS on New York Consolidated

10.24USD
17 Apr 2014
Price Change (% chg)

$0.09 (+0.89%)
Prev Close
$10.15
Open
$10.12
Day's High
$10.25
Day's Low
$10.11
Volume
813,093
Avg. Vol
1,012,734
52-wk High
$12.44
52-wk Low
$8.15

Search Stocks

Latest Key Developments (Source: Significant Developments)

Royal Bank of Scotland Group sells stake in Societe Fonciere Lyonnaise
Thursday, 17 Apr 2014 12:46pm EDT 

Societe Fonciere Lyonnaise SA:Says Royal Bank of Scotland Group PLC has sold its stake in company.  Full Article

WEKO investigates Royal Bank of Scotland Group PLC over potential collusion to manipulate foreign exchange rates - Reuters
Sunday, 30 Mar 2014 08:00pm EDT 

Royal Bank of Scotland Group PLC:WEKO opened investigation into several Swiss, British and U.S. banks over potential collusion to manipulate foreign exchange rates - Reuters.WEKO is investigating UBS, Credit Suisse , Zuercher Kantonalbank (ZKB), Julius Baer, JP Morgan, Citigroup, Barclays and Royal Bank of Scotland.WEKO says there is evidence that these banks colluded to manipulate exchange rates in foreign currency trades.  Full Article

BNP Paribas SA and RBS agree sale of assets and liabilities from RBS's Structured Retail Investor Products and Equity Derivatives business
Tuesday, 18 Feb 2014 07:00pm EST 

BNP Paribas SA and Royal Bank of Scotland Group PLC:Agree on sale of certain assets and liabilities of RBS's Structured Retail Investor Products & Equity Derivatives to BNP Paribas Global Equities and Commodity Derivatives(GECD).  Full Article

Royal Bank of Scotland Group PLC investigated in New York currency trading probe-Reuters
Tuesday, 4 Feb 2014 07:00pm EST 

Royal Bank of Scotland Group PLC:Benjamin Lawsky, New York's financial services superintendent, has opened an investigation into manipulation of the currency markets by banks and is requesting documents from more than a dozen institutions-Reuters.According to a source familiar with the matter, Lawsky has asked for documents from Barclays, Credit Suisse, Deutsche Bank, Goldman Sachs, Lloyds Banking Group Plc, Royal Bank of Scotland Group PLC, Societe Generale and Standard Chartered.  Full Article

Grupo Villar Mir SA acquires 19.333 pct stake in Inmobiliaria Colonial SA from Royal Bank of Scotland
Tuesday, 14 Jan 2014 12:17pm EST 

Inmobiliaria Colonial SA:Says on Jan. 14 Grupo Villar Mir SA acquired 43,675,768 shares of the company, representing a 19.333 percent stake, from Royal Bank of Scotland.Says the price of the transaction amounted to 1 euro per share.  Full Article

Royal Bank of Scotland Group PLC announces $2 billion T2 Notes transaction
Tuesday, 17 Dec 2013 05:54am EST 

Royal Bank of Scotland Group PLC:Says it completed the pricing of its ten-year, $2,000,000,000 aggregate principal amount of 6.00 percent Subordinated Tier 2 Notes due Dec. 19, 2023.Says they are being issued at a re-offer price of 99.098 percent.Says the offering is scheduled to close on Dec. 19.  Full Article

Royal Bank of Scotland Group PLC ends 8 bln stg capital back-up with UK government-reuters
Monday, 16 Dec 2013 12:23pm EST 

Royal Bank of Scotland Group PLC:Says it had terminated an 8 bln pound ($13 bln) contingent capital facility with the government in light of actions taken recently to strengthen its capital-Reuters.RBS, which is 82 pct owned by the government, said it would no longer have to pay the outstanding 320 mln pound fee which was due to the Tresury.  Full Article

Royal Bank of Scotland Group PLC reaches settlement with US authorities regarding OFAC compliance
Wednesday, 11 Dec 2013 01:13pm EST 

Royal Bank of Scotland Group PLC:Says the company and the Royal Bank of Scotland plc (RBS plc) have reached a settlement with the Board of Governors of the Federal Reserve System (Fed), the New York State Department of Financial Services (DFS), and the Office of Foreign Assets Control (OFAC).Says with respect to RBS plc's historical compliance with US economic sanction regulations outside the United States.Says in settlement with the above Authorities, RBS plc has agreed to pay $100 million (62 million british pounds) in total, with $50 million to the Fed, of which $33 million is deemed to satisfy the OFAC penalty, and $50 million to DFS.  Full Article

Royal Bank of Scotland Group PLC announces resignation of group finance director
Wednesday, 11 Dec 2013 02:00am EST 

Royal Bank of Scotland Group PLC:Says it can confirm that Nathan Bostock has informed the Board of his intention to resign from his role as Group Finance Director.Says his formal resignation is expected soon, but he will remain in his position to oversee an orderly handover of his responsibilities.Says details on arrangements for his successor will be announced in due course.  Full Article

RBS reaches settlement with European Commission
Wednesday, 4 Dec 2013 06:14am EST 

Royal Bank of Scotland Group PLC:Says has reached a settlement with the European Commission in relation to competition law breaches concerning certain interest rate derivatives referenced to the London Interbank Offered Rate based on Japanese Yen (Yen LIBOR) and the Euro Interbank Offered Rate (EURIBOR).Says RBS was one of seven banks and brokers implicated in respect of Yen LIBOR competition infringements and has agreed to pay a settlement penalty of 260,056,000 euros to resolve the investigation.Says RBS was also one of seven banks implicated in the EURIBOR competition infringement and has agreed to pay a settlement penalty of 131,004,000 euros to resolve the investigation.Says both payments are covered by provisions already made by RBS.  Full Article

UPDATE 2-RBS review finds no evidence of fraud in UK business lending

* Investigation by financial regulator ongoing (Adds reaction from government adviser, lawyer)

Search Stocks