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Royal Bank of Scotland

Royal Bank of Scotland 07/09/2010

14:35 : Diamond has a great CV, but Lloyds and RBS may be better bets - New Barclays chief executive Bob Diamond has achieved stunning success at the firm's investment banking division but he is now faced with a much taller order. 
Source : citywire-co-uk

Royal Bank of Scotland 05/09/2010

04:47 : Union considers action as RBS axes a further 3,500 jobs - The UK's biggest union will start talks this week with the 3,500 Royal Bank of Scotland staff about to lose their jobs to assess what action to take next in what it describes as a "horror story".

Royal Bank of Scotland 03/09/2010

09:13 : RBS axes another 3,500 jobs - ROYAL Bank of Scotland is axing another 3,500 jobs under plans to more than halve the bank's administration centres across the UK, it was announced yesterday.

Royal Bank of Scotland 02/09/2010

22:30 : Fred the Shred outdone by Hester - Former RBS chief failed at some basic tasks – and 3,500 more staff are now paying the priceWe used to think that if Sir Fred Goodwin was good at one thing it was cutting costs. That was how he became Fred the Shred. But Goodwin's ...
Source : guardian-co-uk
15:38 : RBS cuts further 3,500 jobs - Royal Bank of Scotland is axing another 3,500 jobs, taking to almost 27,000 the number of staff cut since Stephen Hester took over as chief executive of the troubled UK bank
Source : ft-com
15:04 : RBS to cut 3,500 more jobs - Royal Bank of Scotland (RBS) announced another wave of job cuts today as the part-nationalised bank continues with its drive to trim costs and improve its profitability.
Source : irishtimes-com
13:50 : RBS cuts 3,500 UK jobs - The Unite union reckons that since 2009, Royal Bank of Scotland's strategic review has seen the loss of 21,500 jobsRBS is axing 3,500 of its UK staff in a cost-cutting move which union leaders have attacked as a "horror story".The cuts, which include ...
Source : guardian-co-uk
13:44 : Another 3,500 UK jobs to go at RBS - Royal Bank of Scotland is axing another 3,500 jobs under plans to more than halve the bank's administration centres across the UK, it was announced today.
Source : independent-ie
13:30 : Royal Bank of Scotland to cut 3,500 jobs - LONDON (Reuters) - Royal Bank of Scotland announced thousands of new job cuts on Thursday as the part-nationalised bank continues with its drive to trim costs and improve its profitability.
Source : reuters-com
12:16 : Another 3,500 jobs to go at RBS - Royal Bank of Scotland is axing another 3,500 jobs under plans to more than halve the bank's administration centres across the UK, it was announced today.

Royal Bank of Scotland 01/09/2010

21:44 : UPDATE 3-MOVES-Deutsche Bank, JPMorgan, Morgan Stanley, RBS - HSBC Private Bank appointed Mrinalini Ramakrishnan as director and investment counsellor to its global South Asian diaspora team based in London. Ramakrishnan worked as portfolio counsellor at JP Morgan, Citigroup and Merrill ...
Source : reuters-com

Royal Bank of Scotland 30/08/2010

11:36 : Buffet goes shopping for an 80th birthday present - ROYAL Bank of Scotland has brought in a team of advisers to help sell its insurance business Direct Line after a flurry of interest from potential buyers, including American billionaire Warren Buffett, ...

Royal Bank of Scotland 29/08/2010

15:43 : RBS lines up advisers for Direct Line options: source - LONDON (Reuters) - Royal Bank of Scotland (Royal Bank of Scotland Group () is in the process of appointing advisers to review the options for its insurance business, including a possible sale, according to a source ...
15:15 : Direct Line insurance could be snapped up by Warren Buffett - • Warren Buffett's Berkshire Hathaway group rumoured to be interested in buying Direct Line • RBS must sell insurance subsidiary, valued at up to £6bn, and is looking for investment bankers to handle the dealRoyal HBOS|Bank ...
Source : guardian-co-uk
15:15 : RBS lines up advisers for Direct Line options-source - LONDON, Aug 29 (Reuters) - Royal Bank of Scotland is in the process of appointing advisers to review the options for its insurance business, including a possible sale, according to a source close to the group.
Source : reuters-com

Royal Bank of Scotland 28/08/2010

06:57 : PRESS DIGEST - British business - Aug 28 - Royal Bank of Scotland has withdrawn its sponsorship of The Open Championship, after nine years of patronage of the golf tournament. The bank has recently scaled back its sponsorship commitments, ending contracts with Formula ...
Source : reuters-com

Royal Bank of Scotland 27/08/2010

09:33 : RBS is set to close half of its insurance offices - Royal Bank of Scotland is to close half of its insurance offices after being forced to sell off its Churchill and Direct Line division following its taxpayer bailout

Royal Bank of Scotland 26/08/2010

20:16 : RBS to close 14 insurance offices - Royal Bank of Scotland said today that it was axing 14 of the 27 offices in its Churchill and Direct Line business under existing plans to cut 2,000 jobs.

Royal Bank of Scotland 25/08/2010

00:16 : RBS to sell celebrity rehab clinic the Priory - ROYAL Bank of Scotland has begun the sale of the Priory Group, the rehab clinic best-known for treating celebrities, in a deal the bank hopes could raise about £1 billion, sou
Source : scotsman-com

Royal Bank of Scotland 24/08/2010

19:55 : RBS seeks mid-Sept bids for the Priory - sources - LONDON (Reuters) - Royal Bank of Scotland has started the sale of the Priory Group, the mental-health specialist which it hopes could fetch about 1 billion pounds, people familiar with the matter said on Tuesday.
Source : reuters-com
01:28 : RBS has taste for Foster's as bid war set to be brewing - Brewing groups SABMiller and Asahi Breweries are taking a close look at Foster's beer operations, valued at more than $10 billion (£6.5bn), but have not yet made a
Source : scotsman-com

Royal Bank of Scotland 20/08/2010

20:25 : Climate change activist glues herself to desk in protest at RBS - Activists have set up camp near bank's HQ to protest against what they claim is its funding of 'climate chaos'A climate change activist was arrested today after she glued herself to a desk at the Royal Bank of Scotland's headquarters. She was among 150 ...
Source : guardian-co-uk
01:32 : Mathewson steps up to the chair at transport group Stagecoach - SIR George Mathewson, a doyen of the Scottish business sector and former chief executive and chairman of Royal Bank of Scotland, is to become chairman of Stagecoach from 1 Jan
Source : scotsman-com
01:10 : RBS faces wrath of climate activists - Climate change protesters set up camp close to the Royal Bank of Scotland headquarters yesterday, accusing the state-owned bank of using taxpayers' money to finance the fossil fuel industry.

Royal Bank of Scotland 19/08/2010

18:17 : Activists set up Climate Camp at Royal Bank of Scotland headquarters - Hundreds of campaigners descend on RBS offices in Edinburgh in protest at bank's investments in oil industryHundreds of climate activists have occupied land at the Royal Bank of Scotland's headquarters in protest ...
Source : guardian-co-uk
16:09 : Banks customers still paying for mistakes by investment bankers - • Barclays, RBS and Lloyds investment banks lost up to £118bn • Individuals and small businesses bear cost in higher charges UK retail banking and small business customers are paying for the mistakes made by ...
Source : guardian-co-uk
09:28 : Protestors camp outside RBS headquarters - The Royal Bank of Scotland (RBS) is faced with 100 activists at its headquarters, who are protesting against the bank’s role in financing oil industry developments which they believe could be harmful to the environment. ...

Royal Bank of Scotland 18/08/2010

17:06 : New Issue-Royal Bank of Scotland sells $3.6 bln in 3 parts - Aug 18 (Reuters) - The Royal Bank of Scotland late Tuesday sold $3.6 billion of senior unsecured global notes, said IFR, a Thomson Reuters service. The notes are guaranteed by Royal ...
04:17 : RBS fights to stop small business contracts transferring to Santander - Royal Bank of Scotland is fighting to retain lucrative service contracts with its 250,000 small business customers that are due to transfer to Santander under a £1.65bn European Commission-brokered deal.
Source : telegraph-co-uk

Royal Bank of Scotland 16/08/2010

06:32 : Small Talk: Barclays is next in the firing line over business lending - The arguments are well rehearsed about whether the big banks are doing enough to support the mainstay of the economy by lending to small and medium-sized enterprises (SMEs). Indeed last week, this column considered whether the state-backed Royal Bank ...
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