Royal Bank of Scotland Group PLC (RBS.L)
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.
DUBLIN, Nov 25 Royal Bank of Scotland's (RBS) Irish operation Ulster Bank will pay its parent company a dividend for the first time since the financial crisis, saying on Friday that it had received regulatory approval to release 1.5 billion euros ($1.59 billion) of capital.
LONDON Just hours before Royal Bank of Scotland launched a massive cash call in 2008 to shore up its capital, the bank's senior advisers were still discussing whether its financial figures were potentially misleading for investors, court documents allege.
LONDON, Nov 17 Just hours before Royal Bank of Scotland launched a massive cash call in 2008 to shore up its capital, the bank's senior advisers were still discussing whether its financial figures were potentially misleading for investors, court documents allege.
The head of the agency managing Britain's stakes in bailed out banks said market speculation that Royal Bank of Scotland faces a potential fine of between $5 to $12 billion from the U.S. is hindering the government's share sale plans.
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