RBS plans to cut £2bn of costs

2017-02-24 09:55

Royal Bank of Scotland has laid out a plan to cut costs by £2bn over the next four years as it posted its ninth straight annual loss.

Deutsche Bank to fight $14bn demand from US

2016-09-16 18:30

Deutsche Bank plans to fight a $14bn demand from the US Department of Justice to settle claims it missold mortgage-backed securities.

BoE rate cut may push UK lenders to deepen cuts

2016-07-12 13:38

UK-focused banks including Royal Bank of Scotland are already facing pressure on margins and could be enticed to deepen cost cuts as interest rates languish.

Mobile makeover for Britain's scandal-hit banks

2015-08-09 13:14

With reputations tarnished by the financial crisis and a string of scandals, Britain's top banks are trying to adapt and move ahead by embracing mobile technology.

RBS may buy back £10bn of stock: Investec

2015-07-07 14:15

The Royal Bank of Scotland Group may buy back $15.5bn of stock in 2016 if the lender reduces its risk-weighted assets, according to Investec.

RBS shares rise as UK government unveils sale plan

2015-06-11 14:45

Shares in Royal Bank of Scotland have risen after Britain's finance minister George Osborne said the government would start selling its £32bn stake in the bank.

Complaints against UK banks dip 7%

2015-03-30 15:15

Complaints against Britain's banks have fallen in the second half of last year as fewer people lodged objections about insurance protection mis-selling.

Malaysia to scrap $20bn bank merger

2015-01-13 10:15

Malaysia will scrap a proposed merger that would have created the country's biggest bank, after CIMB Holdings and RHB Capital failed to agree on new deal terms.

RBS gets $88m fine for financial crash

2014-11-20 16:09

The Royal Bank of Scotland has been fined £56m by regulators for a system crash in 2012 that left millions of customers unable to make or receive payments.

UK, US, Swiss close in on forex settlement

2014-11-12 09:31

UK and US regulators are poised to levy hefty fines on leading banks in a landmark settlement after a year-long global investigation into allegations of collusion.

 

RBS rises to one-year high after bank scraps plans to sell unit

2017-02-20 14:25

Royal Bank of Scotland has risen to a 12-month high in London trading after scrapping plans to sell its Williams & Glyn banking unit, removing one of the biggest obstacles to paying dividends.

RBS shares hit after hefty Deutsche Bank fine

2016-09-16 18:16

Royal Bank of Scotland shares have fallen after US authorities demanded $14bn from Deutsche Bank to settle mis-selling claims.

RBS to cut 600 consumer-bank jobs

2016-04-14 11:42

Royal Bank of Scotland is planning to eliminate about 600 jobs at its UK consumer bank as it closes branches, according to a labour union.

UK takes £1bn hit in RBS sell-off

2015-08-04 15:05

Britain took a £1.1bn loss on its first sale of shares in Royal Bank of Scotland, sparking accusations of an unnecessarily rushed and costly disposal.

Barclays hires JPMorgan for broking role

2015-06-24 15:07

Barclays has appointed JPMorgan as its corporate broker replacing Credit Suisse, making the change as new chairperson John McFarlane begins a revamp of the lender.

Five big banks face $5bn bill over FX rigging

2015-05-20 09:00

Five of the world's biggest banks are expected to be hit with a combined bill of more than $5bn and criminal charges in a settlement with US and British authorities.

Growing number of Britons switching bank acounts

2015-01-22 10:15

The number of Britons switching bank accounts has grown by 12% in 2014, marking progress in the government's push to boost competition.

RBS traders could be punished in FX probe

2014-12-23 19:19

Six Royal Bank of Scotland employees could face disciplinary action as part of an inquiry into failings in its foreign exchange trading.

UK hands fraud agency all funds needed for probe

2014-11-14 10:43

The UK finance ministry will hand the anti-fraud agency all the funds it needs to conduct a criminal investigation into alleged rigging of the currency market.

UK prepares forex fines for six banks -sources

2014-11-07 15:15

British regulators investigating allegations of collusion and manipulation in the foreign exchange market could fine a group of six banks.

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