Royal Bank of Scotland

 
Bank warns no-deal Brexit could spark UK recession
Bank warns no-deal Brexit could spark UK recession
A no-deal Brexit risks sending the British economy into recession in 2019, the head of the Royal Bank of Scotland warned on Thursday.
Big bonuses despite losses
Big bonuses despite losses
The United Kingdom's bailed-out loss-making Royal Bank of Scotland is pleading to be allowed to run on a commercial basis as it announced widened...
An ode to odious Fred the Shred
An ode to odious Fred the Shred
Spare a thought this week, if you will, for Fred the Shred, also known as Fred Goodwin, the erstwhile boss of the Royal Bank of Scotland.
Santander buys 318 Royal Bank of Scotland branches
Santander buys 318 Royal Bank of Scotland branches
Spanish bank Santander is buying 318 branches from government-controlled Royal Bank of Scotland (RBS) for £350-million plus the net value of...
Bank to cut more jobs, wants end to 'public flogging'
Bank to cut more jobs, wants end to 'public flogging'
Royal Bank of Scotland will cut more jobs, Chairman Philip Hampton warned on Friday as he called for an end to "public flogging" of the state-rescued bank over its past mistakes....
Ex-heads of bailed-out UK banks 'profoundly sorry'
Ex-heads of bailed-out UK banks 'profoundly sorry'
The former heads of banks bailed out by the British state gave unreserved apologies on Tuesday for their conduct, and agreed changes to the bonus...
UK bails out banks with £37bn
UK bails out banks with £37bn
Britain bailed out three major banks with £37-billion on Monday as governments around Europe used taxpayers' money to take control and boost...
UK banks 'set to unveil bailout plans'
UK banks 'set to unveil bailout plans'
Major British banks are likely to announce their plans to recapitalise early on Monday, a person familiar with the matter said, a move that could...
FTSE dips as US recession fears offset oils
FTSE dips as US recession fears offset oils
Britain's FTSE 100 index dipped by mid-session on Monday as concerns of a looming United States recession offset gains in oil shares, HSBC and...
Stocks, dollar rise on bond insurer rescue hopes
Stocks, dollar rise on bond insurer rescue hopes
World stocks and the dollar rose on Monday as talk of a rescue plan for a United States bond insurer and comments that Qatar is interested in...
Natwest Three plead guilty to $7,3m fraud
Natwest Three plead guilty to $7,3m fraud
A trio of British bankers dubbed the "Natwest Three" face 37 months in prison after pleading guilty to stealing $7,3-million in a highly sophisticated transatlantic fraud tied to the collapse of the energy trading behemoth Enron. Less than 18 months after their extradition to America...
Zuma needs more than charm to calm unease
Zuma needs more than charm to calm unease
A charm offensive by Jacob Zuma may not be enough to dispel deep investor anxiety over whether he will be able to take charge of Africa's biggest...

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