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Royal Bank of Scotland Group PLC (RBS.L)

RBS.L on London Stock Exchange

239.60GBp
22 Jan 2019
Change (% chg)

-2.20 (-0.91%)
Prev Close
241.80
Open
238.10
Day's High
241.50
Day's Low
236.80
Volume
11,124,331
Avg. Vol
17,390,724
52-wk High
304.20
52-wk Low
200.10

Latest Key Developments (Source: Significant Developments)

Royal Bank Of Scotland Could Appoint Katie Murray As Its First Female Chief Financial Officer As Soon As This Week - Sky News
Tuesday, 18 Dec 2018 08:14am EST 

Dec 18 (Reuters) - :ROYAL BANK OF SCOTLAND COULD APPOINT KATIE MURRAY AS ITS FIRST FEMALE CHIEF FINANCIAL OFFICER AS SOON AS THIS WEEK - SKY NEWS.RBS IS AWAITING CLEARANCE FROM PRUDENTIAL REGULATION AUTHORITY, THE BANKING WATCHDOG, TO ANNOUNCE MS MURRAY AS ITS CHIEF FINANCIAL OFFICER - SKY NEWS.  Full Article

Natwest Launches Mettle, A Digital Proposition For Small Businesses
Tuesday, 6 Nov 2018 08:32am EST 

Nov 6 (Reuters) - Royal Bank of Scotland Group PLC ::NATWEST LAUNCHES INNOVATIVE DIGITAL PROPOSITION FOR SMES.NATWEST HAS ANNOUNCED LAUNCH OF METTLE, A DIGITAL PROPOSITION FOR SMALL BUSINESSES.METTLE IS CURRENTLY AT PILOT STAGE.  Full Article

First Data To Support Royal Bank Of Scotland To Deliver Merchant Services To U.K. Businesses
Friday, 26 Oct 2018 12:05pm EDT 

Oct 26 (Reuters) - First Data Corp ::FIRST DATA TO SUPPORT ROYAL BANK OF SCOTLAND TO DELIVER MERCHANT SERVICES TO U.K. BUSINESSES.FIRST DATA CORP - EXPECTS TO BEGIN PROVIDING SERVICES TO RBSG MERCHANT CUSTOMERS IN 2019.  Full Article

RBS Welcomes UK watchdog decision to take no action against restructuring unit
Tuesday, 31 Jul 2018 05:48am EDT 

July 31 (Reuters) - Royal Bank of Scotland Group PLC ::ROYAL BANK OF SCOTLAND - ROYAL BANK OF SCOTLAND GROUP PLC - RBS RESPONDS TO FCA UPDATE ON GRG.ROYAL BANK OF SCOTLAND - WELCOMES FCA'S CONFIRMATION THAT IT HAS CONCLUDED ITS INVESTIGATION INTO BANK AND THAT NO FURTHER ACTION WILL BE TAKEN.ROYAL BANK OF SCOTLAND - "AWAIT PUBLICATION OF FCA'S FULL ACCOUNT AND WILL REFLECT CAREFULLY ON ITS FINDINGS".RBS- "CONTINUES TO FOCUS ON PUTTING THINGS RIGHT FOR CUSTOMERS THROUGH OUR COMPLAINTS PROCESS AND ENSURING THAT PAST MISTAKES CANNOT BE REPEATED".  Full Article

UK's CMA Issues Letter To Ulster Bank On Breaches Of Northern Ireland Banking Order
Monday, 11 Jun 2018 05:22am EDT 

June 11 (Reuters) - UK's CMA: :CMA LETTER TO ULSTER BANK ON ITS BREACHES OF THE NI PCA BANKING ORDER.BREACHES BY ULSTER BANK RELATING TO FAILURE TO INCLUDE COPY OF SWITCHING LEAFLET WITH ANNUAL SUMMARY SENT TO CUSTOMERS IN SEP 2016.  Full Article

Royal Bank of Scotland Updates On Ring Fencing Plans
Thursday, 22 Mar 2018 11:21am EDT 

March 22 (Reuters) - Royal Bank Of Scotland ::UPDATE ON RING FENCING PLANS.‍UPDATE ON RING-FENCING PLANS​.‍SCHEME HAS BEEN SANCTIONED BY COURT ​.‍EXPECTS TO CONFIRM DATE OF INTENDED IMPLEMENTATION OF SCHEME BY WAY OF FURTHER ANNOUNCEMENT IN EARLY APRIL 2018​.‍AS SCHEME IS IMPLEMENTED, ADAM & CO WILL BE RENAMED " ROYAL BANK OF SCOTLAND PLC" AND RBS PLC WILL BE RENAMED "NATWEST MARKETS PLC"​.  Full Article

RBS Chairman says hopes to settle U.S. DOJ case in coming months
Friday, 23 Feb 2018 07:17am EST 

Feb 23 (Reuters) - Royal Bank Of Scotland Group Plc ::RBS CHAIRMAN SAYS BANK HOPES IT CAN SETTLE DOJ ACTION OVER RMBS MIS-SELLING IN COMING MONTHS.RBS CEO SAYS FUTURE CAPITAL DISTRIBUTION LIKELY TO START WITH SMALL DIVIDEND INITIALLY.  Full Article

Rbs Says "The Prospect Of Returning Any Excess Capital To Shareholders Is Getting Closer”
Friday, 23 Feb 2018 02:18am EST 

Royal Bank Of Scotland Group Plc ::RBS SAYS "THE PROSPECT OF RETURNING ANY EXCESS CAPITAL TO SHAREHOLDERS IS GETTING CLOSER”.  Full Article

Royal Bank Of Scotland Says Penny Hughes Will Step Down As Non-Executive Director
Friday, 23 Feb 2018 02:02am EST 

Feb 23 (Reuters) - Royal Bank Of Scotland ::SAYS MIKE ROGERS WILL ASSUME ROLE OF CHAIRMAN OF SUSTAINABLE BANKING COMMITTEE.SAYS PENNY HUGHES WILL STEP DOWN AS A NON-EXECUTIVE DIRECTOR OF RBS, AND AS CHAIRMAN OF SUSTAINABLE BANKING COMMITTEE.  Full Article

RBS reports first profit in a decade
Friday, 23 Feb 2018 02:00am EST 

Feb 23 (Reuters) - Royal Bank Of Scotland Group ::2017 ATTRIBUTABLE PROFIT OF 752 MILLION STG.RBS 2017 CET1 RATIO AT 15.9 PERCENT.RBS 2017 PROFIT BEFORE TAX OF 2.239 BILLION STG.RBS Q4 CONDUCT AND LITIGATION CHARGES OF 764 MILLION STG.RBS Q4 CONDUCT CHARGES INCLUDE 175 MILLION STG OF PPI AND 492 MILLION STG OF RMBS-RELATED PROVISIONS AND SETTLEMENTS.RBS SAYS NO UPDATE ON TIMING OF SETTLEMENT WITH U.S. JUSTICE DEPARTMENT OVER RMBS MIS-SELLING.RBS EXCEEDED COST REDUCTION TARGET FOR THE YEAR OF 750 MILLION STG, TAKING OUT 810 MILLION STG IN TOTAL.RBS RESTRUCTURING COSTS OF 531 MILLION FOR Q4.RBS Q4 IMPAIRMENTS OF 234 MILLION STG.RBS TO INVEST 1.5 BILLION STG MORE THAN PREVIOUSLY GUIDED OVER NEXT TWO YEARS.RBS INVESTMENT PLAN TO INCLUDE AROUND 800 MILLION STG ON INNOVATION AND DIGITAL TRANSFORMATION.RBS SPEND TO ALSO INCLUDE AROUND 300 MILLION STG ON INTEGRATION OF WILLIAMS & GLYN, 400 MILLION ON COSTS OF BREXIT, RINGFENCING AND OTHERS.RBS ADJUSTED INCOME UP 4 PERCENT.RBS ADJUSTED RETURN ON TANGIBLE EQUITY UP 7 PERCENT TO 8.8 PERCENT.RBS 2017 GROUP BONUS POOL OF 342 MILLION STG.RBS DISCLOSES GENDER PAY GAP OF 37.2 PERCENT.  Full Article

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Britain's RBS seeks investor backing for share buyback plan

LONDON Royal Bank of Scotland will consult with shareholders on plans to buyback shares owned by the British government using excess capital to accelerate a return to private ownership.