Search for: "Royal Bank of Scotland"
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22 Apr 2008, 5:39 am
The Royal Bank of Scotland on Tuesday said that it planned to raise 12 billion pounds ($23.7 billion) through the sale of shares to existing investors in an attempt to bolster its capital position. [read post]
17 May 2018, 12:45 pm
Once again, Royal Bank of Scotland (RBS) has arrived at yet another securities settlement related to its mortgage practices leading up to the 2008 housing crisis. [read post]
30 Jan 2012, 3:27 am
Stephen Hester, chief executive of the Royal Bank of Scotland, has decided to turn down his bonus after coming under heavy pressure from British politicians. [read post]
8 Oct 2007, 4:49 am
The $101 billion bid for ABN Amro by the consortium led by Royal Bank of Scotland looked set to prevail after Barclays withdrew its offer Friday. [read post]
1 Mar 2007, 4:20 am
The Royal Bank of Scotland Group said its profit rose 14 percent last year and raised its dividend by 25 percent. [read post]
8 May 2009, 4:44 am
Royal Bank of Scotland on Friday reported a first quarter loss of 857 million pounds ($1.29 billion), due to more write-downs despite higher revenues, and warned that it faces two very tough years as bad loans are expected to increase. [read post]
10 Aug 2010, 6:52 am
The Royal Bank of Scotland has recently published the financial results for its insurance business for the first six months of 2010, revealing an operating loss of £253 million. [read post]
8 Apr 2009, 7:18 am
In an attempt to cut costs, the Royal Bank of Scotland, brought to the brink of near collapse by its former Chief Sir Fred Goodwin, is to sack 9000 employees in what may be the first round of many lay offs.The Scotsman reports :RBS axes 9,000 jobs in bid to cut £2.5bnPublished Date: 08 April 2009By ROSS LYDALLTHE beleaguered Royal Bank of Scotland yesterday announced it was to axe 9,000 jobs - 4,500 of them in the UK - as part of a move to… [read post]
21 Mar 2011, 5:00 am
Royal Bank of Scotland (“RBS”), a British bank, has two U.S. subsidiaries: Greenwich Capital Markets and Citizens Financial Group. [read post]
23 Mar 2009, 4:49 am
What a happy bunch of people the Royal Bank of Scotland board members must have been, as allegations of bullying of non-executive board members is revealed by Labour MSP Lord Foulkes.Sounds a bit like some of the goings on at other institutions in Scotland we could name …The Herald reports :Regulator to probe ‘bullying' of RBS directorsMICHAEL SETTLE, UK Political… [read post]
30 Mar 2010, 1:39 am
“Royal Bank of Scotland has been fined £28.6m for breaching competition law after sharing confidential details about the pricing of its commercial loans with rival staff at Barclays. [read post]
20 Nov 2009, 10:22 am
"The Royal Bank of Scotland has been ordered to carry out £200,000 of work to improve wheelchair access at one of its branches after senior judges ruled that it had breached disability laws. [read post]
5 Aug 2011, 12:34 am
The loss at the Royal Bank of Scotland, the British bank partly owned by the government, came as exposure to Greek government debt continues to weigh on European financial firms. [read post]
28 Sep 2016, 12:39 pm
The US National Credit Union Administration (NCUA) [official website] said [press release] Wednesday that the Royal Bank of Scotland Group (RBS) [corporate website] will pay $1.1 billion after it allegedly solid toxic mortgaged-backed securities. [read post]
23 Apr 2008, 3:53 am
Investors reluctantly came to terms with Royal Bank of Scotland’s giant 12 billion pound ($23.7 billion) rights issue, amid concerns there might be more bad news to come from Britain’s second-largest bank. [read post]
14 Aug 2018, 11:19 am
The penalty is the largest imposed by the Justice […] The post The Royal Bank of Scotland Agrees to Pay for Financial Crisis-Era Misconduct appeared first on Mortgage Fraud Blog. [read post]
31 May 2013, 8:00 am
In the litigation Mr Crawfurd sought to vindicate a £20 Bank of Scotland note which had gone missing in the post and turned up some time later in the hands of the Royal Bank of Scotland. [read post]
19 Dec 2012, 11:04 pm
Dubai partner Anthony Pallett, who led the Latham team, said: “We are delighted to have contributed to this important project, working alongside the committed and talented lawyers at Equality Now and the Royal Bank of Scotland. [read post]
2 Sep 2010, 5:08 am
Royal Bank of Scotland said Thursday that it would cut 3,500 jobs and close sites in England over the coming year. [read post]
16 Jul 2012, 6:43 pm
Even as lawmakers in London hammered a top Barclays executive over the bank's role in a rate-rigging scandal, the Royal Bank of Scotland, which is largely owned by the British government, is fighting an investigation into the vast scheme. [read post]
