Tag: Royal Bank of Scotland

RBS makes fresh 600-900 mln stg provision for PPI claims

LONDON: Britain's Royal Bank of Scotland  could have to shell out a further 900 million pounds ($1.1 billion) to settle a final compensation bill for...

RBS shares battered after profit warning

LONDON: State-rescued Royal Bank of Scotland boosted profits in the first half of this year but a warning on future profitability saw investors dump its...

Investor frustrations build as RBS grapples with excess capital conundrum

LONDON: Just over a decade after fending off insolvency, taxpayer-backed Royal Bank of Scotland is struggling with an unfamiliar dilemma: how to effectively deploy billions...

RBS profit falls as Brexit and competition take toll

EDINBURGH/LONDON: Britain's Royal Bank of Scotland reported lower first quarter profit on Friday, hurt by intensifying competition and Brexit uncertainty, while its investment bank also...

RBS profit falls as Brexit uncertainty hits margins

LONDON/EDINBURGH: Britain's Royal Bank of Scotland reported lower first quarter profit on Friday, hurt by intensifying competition and Brexit uncertainty, while its investment bank also...

RBS begins global hunt for CEO to replace McEwan

LONDON/EDINBURGH: Royal Bank of Scotland is searching for a new chief executive after Ross McEwan resigned, signalling a fresh start as it heads for full...

RBS boss resigns having turned around bailed-out bank

LONDON: Britain's state-rescued Royal Bank of Scotland said Thursday that chief executive Ross McEwan is to step down after having steered it to a strong...

Royal Bank of Scotland says CEO resigns

LONDON: Britain's bailed-out Royal Bank of Scotland said Thursday that chief executive Ross McEwan has resigned after steering it to a "stronger" financial position over...

RBS aims to wind down 1bn pounds in local council loans

Britain's Royal Bank of Scotland Group Plc is aiming to wind down 1 billion pounds ($1.3 billion) of bank loans held by local councils across...

Court approves RBS asset transfer to Dutch hub as Brexit looms

Royal Bank of Scotland said the Court of Session in Scotland approved its plans to move billions of pounds worth of assets to the Netherlands...