Royal Bank of Scotland Group PLC (RBS.N)
9 Dec 2016
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.
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.
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