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


RBS.L on London Stock Exchange

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323.00p
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RBS, Lloyds, Barclays account for most of UK capital gap - FT

LONDON - Britain's financial regulator will on Thursday say capital holes at Royal Bank of Scotland , Lloyds Banking Group and Barclays account for more than 90 percent of a 25 billion-pound ($39 billion) shortfall, the Financial Times said.

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RBS faces struggle to find CEO amid political meddling

LONDON - Royal Bank of Scotland will struggle to recruit a suitable replacement for ousted chief executive Stephen Hester, someone who must steer it through privatization and accept that political interference comes with the job. | Video

UPDATE 3-RBS faces struggle to find CEO amid political meddling

* Candidate must build relationships with lawmakers, regulators

Factbox: Favourites and long-shots to be new RBS CEO

LONDON - Nathan Bostock, Royal Bank of Scotland's head of restructuring, is the early favorite to replace Stephen Hester as chief executive of the state-controlled bank, according to bookmakers.

RBS axes 2,000 jobs in shake up of investment bank

LONDON - Royal Bank of Scotland said on Thursday it would cut jobs in a restructuring of its investment bank, which a source familiar with the matter said would see about 2,000 jobs go.

RBS shares sag 4 percent after CEO Hester goes

LONDON - Royal Bank of Scotland shares fell more than 4 percent on Thursday as investors said the surprise exit of Chief Executive Stephen Hester was a big loss and there was no obvious successor.

RBS axes 2,000 jobs in shake up of investment bank

LONDON, June 13 - Royal Bank of Scotland said on Thursday it would cut jobs in a restructuring of its investment bank, which a source familiar with the matter said would see about 2,000 jobs go.

UPDATE 3-RBS CEO Hester nudged out as bank seeks leader to guide sale

LONDON, June 12 - Royal Bank of Scotland Group Plc boss Stephen Hester will step down later this year, after the bank's board decided it wanted new leadership to oversee the sale of Britain's majority stake in the bank, which could take years.

RBS boss Hester to step down this year

LONDON - Royal Bank of Scotland boss Stephen Hester will step down later this year, after the bank's board decided it wanted new leadership to oversee the sale of Britain's majority stake in the bank, which could take years.

BRIEF-RBS doesn't expect large number of CEO candidates

LONDON, June 12 - RBS : * Chairman says will not be a large number of candidates on shortlist * Chairman: acceleration of succession plan arose from treasury's determination

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