News: Royal Bank of Scotland Group PLC (RBS.L)

RBS.L on London Stock Exchange

6 May 2015
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Thu, Apr 30 2015

RBS returns Qatar banking licence, country head departs

DUBAI, April 30 - Royal Bank of Scotland (RBS) has closed its branch in Qatar with its country head departing, RBS told Reuters on Thursday, the latest step in its withdrawal from the Middle East.

RBS sets aside $515 million for looming U.S. forex fines

LONDON - Royal Bank of Scotland (RBS) said it expects to settle with U.S. authorities investigating alleged foreign exchange manipulation in the coming weeks and set aside a further 334 million pounds ($515 million) to cover the cost. | Video

Britain's FTSE falters as RBS shares retreat

LONDON, April 30 - Britain's top equity index extended a pullback on Thursday from record highs earlier this week as a fall in Royal Bank of Scotland and uncertainty over next week's national election weighed on the market.

UPDATE 2-RBS sets aside $515 million for looming U.S. forex fines

* Q1 operating profit 1.6 bln stg, up 16 percent (Recasts, adds CEO comments, details on settlement timing)

BRIEF-RBS CEO says expects FX settlements in the second quarter

LONDON, April 30 - Rbs ceo says expects fx settlements to occur in the second quarter Rbs ceo says expects another tough year; many conduct, litigation hurdles looming Rbs ceo says no disagreement with rory cullinan on strategy; issues were around execution Rbs ceo says expects u.s. Rmbs settlements to occur in second half of 2015 Rbs fd says restructuring costs will "remain elevated" this year Rbs ceo says no disagreement on strategy with cullinan; 'these things happen in large organi

BRIEF-RBS says in advanced settlement discussions with DOJ on FX probe

* RBS says on foreign exchange failings, in advanced settlement discussions in criminal investigation conducted by DOJ and with certain other authorities

RBS sets aside further $1.3 bln for misconduct charges

LONDON, April 30 - Royal Bank of Scotland set aside 856 million pounds ($1.3 billion) to cover charges for past misconduct and litigation, helping push the state-backed lender to a loss in the first quarter.

MOVES-RBS, BofA Merrill Lynch, HSBC, Metro Bank

April 28 - The following financial services industry appointments were announced on Tuesday. To inform us of other job changes, email

UPDATE 1-RBS names Ulster Bank chief as boss of Williams & Glyn

* Maltby will resume role as advisor to investors (Adds comments from RBS CEO, background on changes)

RBS says Ulster Bank CEO Brown to become boss of Williams & Glyn

LONDON, April 28 - Royal Bank of Scotland said it had appointed Jim Brown, currently boss of its Irish business, to replace John Maltby as chief executive of its Williams & Glyn business, which is due to become a new UK "challenger" bank.

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