Royal Bank of Scotland Group PLC (RBS)
17 Jan 2017
Fri, Dec 30 2016
LONDON More than 160 investors in Royal Bank of Scotland have asked the bank to create a committee of shareholders to improve its corporate governance and help avoid a repeat of mistakes that led to its 45 billion pound ($55 billion) bailout.
LONDON Royal Bank of Scotland is close to selling at least $600 million worth of shipping loans from its portfolio, two sources familiar with the matter told Reuters.
LONDON A small group of Royal Bank of Scotland retail shareholders is close to joining three other investor parties and settling a 4.0 billion pound ($5 billion)-plus lawsuit against the bank out of court.
LONDON Royal Bank of Scotland on Thursday lost a court battle to withhold transcripts, notes and interview records from thousands of retail investors suing the bank over an ill-fated, 12 billion pound ($15 billion) share sale in 2008.
LONDON Britain's spending watchdog may open an investigation into the government's decision to start selling shares in Royal Bank of Scotland last year causing a 1.1 billion pound ($1.39 billion) loss for taxpayers, sparking accusations of poor timing from opposition politicians.
LONDON Royal Bank of Scotland has agreed to pay 800 million pounds ($1 billion) in an out-of-court settlement over allegations it misled shareholders during a 12 billion pound fundraising at the height of the financial crisis.
DUBLIN Britain's vote to leave the European Union has strengthened the strategic importance of Ulster Bank to RBS and the Irish lender is a key part of its parent group's post-Brexit planning, Ulster Bank's chief executive said on Thursday.
LONDON Royal Bank of Scotland (RBS) will cut costs and sell assets to boost capital, it said on Wednesday after failing its Bank of England stress test, with the central bank warning of a "challenging" outlook for Britain's financial system. | Video
LONDON Royal Bank of Scotland still faces challenges from past misconduct and bad assets, Bank of England Governor Mark Carney said on Wednesday after the British lender failed the central bank's latest stress test.
LONDON Royal Bank of Scotland has agreed a plan of action with the Bank of England's regulatory arm to improve its capital levels after failing an annual stress test, it said on Wednesday.
- Encouraging Data For The United Kingdom
- 2016's 5 Biggest Losers: Any Bargains? - Bezek's Daily Briefing
- Wall Street Breakfast: Still Searching For Dow 20,000
- Preferreds Of Troubled European Banks Show Different Risk Profiles
- Action In Europe: Two Banks With Upward Momentum (Podcast)
- Wall Street Breakfast: Senate Committee Mulls AT&T-Time Warner Merger