Royal Bank of Scotland Group PLC (RBS)
2 Dec 2016
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.
* Dubai's Union Properties soars in heaviest trade since mid-2015
DUBAI, Nov 27 Gulf stocks consolidated in a quiet market on Sunday with little corporate news to prompt trading, and with Friday's sharp pull-back in oil prices offsetting strength in bourses worldwide.
FRANKFURT/LONDON, Nov 25 Shipping finance provider HSH Nordbank began meeting potential buyers in London this week ahead of the German lender's planned privatisation next year, people close to the matter said.
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.
* Graphic: UK bank share prices http://reut.rs/1UxEalf (Adds details on taxpayer potential losses)
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.
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