Royal Bank of Scotland Group PLC (RBS.L)
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.
FRANKFURT Deutsche Bank has continued to pay staff roughly the same amount as it did a decade ago, despite the financial crisis and a collapse in profits, according to a Reuters analysis of its financial reports.
Heineken NV and investment partner Patron Capital have struck a 403 million pound ($500 million) deal to buy and break up Punch Taverns , in a move that would make the Dutch brewer Britain's third-biggest pubs group.
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.
Dutch brewer Heineken and an investment partner are in advanced takeover talks with Punch Taverns , Punch said on Wednesday, but face competition from a higher rival bid from one of the British pub company's founders.
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.