Royal Bank of Scotland

Women could soon hold both top jobs at Royal Bank of Scotland | Financial Times

Royal Bank of Scotland could soon have women as both chief executive and finance director, after the UK government-controlled bank said Katie Murray …


RBS Taps Katie Murray as Interim CFO as Stevenson Prepares Exit

Royal Bank of Scotland Group Plc tapped Katie Murray to be interim chief financial officer as Ewen Stevenson prepares to leave the state-controlled …

Credit Suisse

RBS says its deputy CFO will become interim CFO

LONDON (Reuters) - Royal Bank of Scotland (RBS.L) said on Friday its deputy Chief Financial Officer Katie Murray will take over as interim chief financial officer after Ewen Stevenson leaves on Sept. 30.<p>FILE PHOTO: A customer uses an ATM at a branch of RBS (Royal Bank of Scotland) bank in the City …

Bank of Scotland

Emails show RBS bankers joked about destroying US housing market before 2008

LONDON — Royal Bank of Scotland (RBS) bankers joked about destroying the US housing market and senior staff described the loans they were trading as "total f***** garbage," according to transcripts released by the US Department of Justice.<p>Email and call transcripts in a DOJ report released on …

Housing Market

Reality check for ‘top-ranking’ RBS


Your three-minute digest

Housing Market

Britain's best and worst banks revealed

Banks must publish their rankings in branches, online and on apps to help improve competition in the banking industry.<p>Royal Bank of Scotland is …


RBS adds dividend appeal, some investors need convincing

© Reuters. FILE PHOTO: The logo of Royal Bank of Scotland is seen at office building in Zurich<p>By Emma Rumney and Simon Jessop<p>LONDON (Reuters) - …


RBS pays $4.9 bln for crisis-era misconduct, customer survey hurts too |

Royal Bank of Scotland will pay $4.9 billion to settle U.S. claims that it misled investors on residential mortgage-backed securities between 2005 and 2008. As Francis Maguire reports, the U.S. Justice Department said the penalty is the largest-ever imposed on a bank for misconduct leading up to …

Mortgage-Backed Securities

First Direct tops Britain's first banking quality survey

LONDON, Aug 15 (Reuters) - First Direct, Metro Bank and Nationwide Building Society came top in Britain's first mandatory sector-wide customer …


RBS pays £3.6bn to settle financial crisis misconduct probe

The Royal Bank of Scotland had been waiting for the settlement to pay its first dividend since it was bailed out by the taxpayer.<p>Royal Bank of …


Royal Bank of Scotland pays $4.9 billion for financial crisis-era misconduct - U.S. Justice Dept

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Bank of Scotland

Royal Bank of Scotland fined $4.9B for housing bubble role

Royal Bank of Scotland will pay a $4.9 billion fine to settle allegations it misrepresented the types of mortgages it sold to investors during the …


Royal Bank of Scotland will pay record fine for crisis-era misconduct

Royal Bank of Scotland will pay $4.9 billion to settle charges that it misled investors ahead of the 2008 financial crisis.<p>It's the largest penalty the Justice Department has imposed on a bank for crisis-era misconduct.<p>"This resolution — the largest of its kind — holds RBS accountable for …

U.S. Department of Justice

Keyboard strokes and smartphone swipes used by banks to detect fraud

High street banks have begun monitoring “biometric behaviour” to catch fraudsters, including checking how customers type on their keyboard or hold their mobile phone.<p>Fraud experts are tracking how users type, tap and swipe on their smartphones in a bid to crack down on account manipulation.<p>Banks …

Royal Bank of Scotland Group

Royal Bank of Scotland to pay $4.9B for financial crisis misconduct

Royal Bank of Scotland (NYSE:RBS) will pay $4.9B to settle claims that it misled investors in underwriting and issuing residential mortgage-backed …


Standing up for Scotland’s microbusinesses

Microbusinesses form the fabric of Scotland’s business landscape.<p>Research by the Federation of Small Businesses (FSB) found that there is a huge …

Opinion (UK)

RBS's Ulster Bank offloads 1.4 billion euros of bad loans

© Reuters. FILE PHOTO: Royal Bank of Scotland signs are seen at a branch of the bank, in London<p>DUBLIN (Reuters) - Royal Bank of Scotland's (L:RBS) …


MPs 'disappointed' over regulator's inaction on RBS

(Reuters) - A group of MPs has criticised the Financial Conduct Authority (FCA) for not taking further action against Royal Bank of Scotland Group Plc (RBS.L) after an investigation into the bank’s treatment of business customers.<p>FILE PHOTO: Royal Bank of Scotland signs are seen at a branch of the …

Financial Conduct Authority

Royal Bank of Scotland completes ring-fencing retail bank split

Royal Bank of Scotland (RBS) has become the latest big UK lender to complete the complex operation to "ring-fence" its retail bank from investment …


PMI: Business activity rises at strongest rate in four years

<b>Business activity in Scotland has risen at its strongest rate for four years, according to a survey.</b><p>Royal Bank of Scotland's latest PMI indicated a marked increase in output for private sector companies in July.<p>New work and improved sales meant new jobs were also created last month - but this fell …

Scottish National Party

Brighthouse, Deutsche Bank downgraded; Beneficial Bancorp, RBS upgraded

Brighthouse Financial <<BHF>> downgraded to underweight from overweight by Barclays.<p>Deutsche Bank (DB -4.9%) downgraded to underweight from …

Deutsche Bank

Interest rates: Banks are refusing to raise rates for savers

Interest Rates

Trio of Promotions within The Development Banc

The ...The post Trio of Promotions within The Development Banc appeared first on Business News Wales.

Development Bank

Big banks vs big tech: Gary Cohn's comments about Facebook spark debate about lesser of two evils

Gary Cohn, the former Goldman Sachs President, reportedly believes banks were more responsible in 2008 before the financial crisis than social media companies are today.<p>Facebook has served as a lightning rod for anger and mistrust towards social media firms ever since the revelations that 87 …

Social Media

Royal Bank of Scotland issues first dividend as digital investments take hold

For the first time in a decade, Royal Bank of Scotland (RBS) has said that it will pay its first dividend to shareholders and has said that it is …

Customer Experience

RBS fails to repair reputation with Scottish customers

<b>Royal Bank of Scotland has suffered a setback in its attempt to build its reputation with customers.</b><p>This decline happened during months when it was facing strong criticism for branch closures.<p>The measure of customer loyalty is published with company results, and it is a major target for improvement …


A Banking-Crisis Laggard Finally Comes Good

Royal Bank of Scotland’s massive repair job nears completion and it can pay a dividend<p>It’s a decade since the financial crisis and for one U.K. bank it is proving a happy anniversary. Royal Bank of Scotland, briefly the world’s biggest bank and recipient of Britain’s biggest bailout, is set to pay …


RBS Pays First Dividend Since Financial Crisis

After years of losses, U.K. lender has returned to profitability<p>By<p>Max Colchester<p>Max Colchester<p>The Wall Street Journal<p>Biography<p>@MaximColch<p><p>LONDON— Royal Bank of Scotland Group RBS 1.52% PLC said Friday it would pay its first dividend in a decade, a milestone for a bank that was …


RBS says profit down after US settlement, picture improving

LONDON (AP) — The Royal Bank of Scotland announced a steep fall in second-quarter profit Friday after being hit by a big charge from U.S. authorities over past misdeeds. But the bank said it is putting its troubled past behind it and will pay its first dividend to shareholders in a decade.<p>RBS, …