Stocks and Finance

Royal Bank of Scotland

Royal Bank of Scotland 02/12/2011

20:13 : RBS sells its pubs to Heineken – but how come it had them in the first ... - Royal Bank of Scotland's sell-off is a retreat from an era when banking meant whatever bankers said it meantHow on earth did Royal Bank of Scotland become one of Britain's biggest pub landlords? The answer, of course, can ...

Source : guardian-co-uk

20:13 : Sale to Heineken ends RBS's role as one of UK's biggest pub landlords - • Guy Ritchie's Punch Bowl among properties sold • Purchase is 'vote of confidence' in sectorTaxpayer-controlled Royal Bank of Scotland has sold 918 tenanted pubs to Heineken. The sale marks an end to RBS's ...

Source : guardian-co-uk

11:19 : RBS sells Scottish & Newcastle-run Galaxy Pub Estate to Heineken for £412m - Galaxy Pub Estate's 918 tenanted pubs will be merged with Heineken UK's existing portfolio of 462 outlets to become one of the country's leading pub owners.

Source : thisismoney-co-uk

11:06 : RBS sells UK pubs to Heineken for £412m - Royal Bank of Scotland, the taxpayer-owned bank, has sold 918 pubs to Heineken for £412m, including the Punch Bowl in London partly run by film director Guy Ritchie.

Source : telegraph-co-uk

10:15 : Banks lead FTSE higher ahead on non-farms and eurozone talks, with RBS ... - Hopes of a solution to the eurozone crisis lift markets ahead of US jobs figuresMarkets are rallying once more on continuing hopes - misplaced or otherwise - that Europe's leaders can find a way to solve the debt crisis hanging over the ...

Source : guardian-co-uk

07:41 : Heineken buys Galaxy pubs in Britain for 480 mln euros - AMSTERDAM, Dec 2 (Reuters) - Dutch brewer Heineken said on Friday it has bought Galaxy pubs in Britain for 480 million euros from Royal Bank of Scotland.

Source : reuters-com

Royal Bank of Scotland 01/12/2011

17:31 : Cost of bank reform underestimated - lenders - LONDON (Reuters) - Royal Bank of Scotland and Santander reckon the official cost estimate of reforms aimed at making further taxpayer bailouts of the banking system unnecessary are too low, according to documents published ...

Source : reuters-com

10:10 : Fresh £8bn loss on state-owned banks revealed - The Office for Budget Responsibility has revealed the government is set to incur a further £8 billion loss on its stake in Royal Bank of Scotland and Lloyds Banking Group.

Source : citywire-co-uk

08:14 : Fresh £8bn gov't loss on state-owned banks revealed - The Office for Budget Responsibility has revealed the government is set to incur a further £8 billion loss on its stake in Royal Bank of Scotland and Lloyds Banking Group, according to the Telegraph.

Source : citywire-co-uk

Royal Bank of Scotland 30/11/2011

16:32 : Coal study names top 20 'climate killer' banks - JP Morgan Chase tops list of institutions that have financed coal-mining and coal-fired energy generationBarclays, the Royal Bank of Scotland and HSBC are among the top banks that have lent billions of euros to ...

Source : guardian-co-uk

08:48 : Barclays, RBS, Lloyds and HSBC downgraded by S&P - The banks were among 15 downgraded by the rating agency after it introduced a new analysis model that takes greater account of economic headwinds and funding risks.

Source : citywire-co-uk

08:07 : Barclays, RBS and Lloyds swept up by S&P's string of downgrades - The banks were among 15 downgraded by the rating agency after it introduced a new analysis model that takes greater account of economic headwinds and funding risks.

Source : citywire-co-uk

07:17 : S&P downgrades British and US banks - Royal Bank of Scotland, Barclays and HSBC were among a slew of global banks that had their credit ratings cut by ratings agency Standard & Poor's late last night.

Source : telegraph-co-uk

Royal Bank of Scotland 28/11/2011

19:42 : RBS pays $52m in Massachusetts sub-prime settlement - Royal Bank of Scotland has agreed to pay a $52m (£33m) fine to the state of Massachusetts to settle allegations it resold mortgage loans knowing they could not be repaid.

Source : telegraph-co-uk

09:34 : Royal Bank of Scotland cancels climate change campaign sponsorship - RBS ends sponsorship of Climate Week following accusations of 'corporate greenwash' due to its financing of polluting industriesProtesters have claimed a victory after the Royal Bank of Scotland ...

Source : guardian-co-uk

Royal Bank of Scotland 26/11/2011

21:37 : RBS rescues Thomas Cook - Royal Bank of Scotland has taken a larger than expected exposure to Thomas Cook's rescue, only days after the Prime Minister revealed that he was personally monitoring the future of the 170-year-old travel group.

Source : telegraph-co-uk

Royal Bank of Scotland 24/11/2011

10:28 : Bank recovery helps FTSE 100 break eight day losing streak - Leading shares move higher as banks rebound, while Weir rises as analysts welcome US dealAfter eight straight days of losses - the worst performance since January 2003 - leading shares have halted the slide.The FTSE 100 is up 29.08 points ...

Source : guardian-co-uk

09:17 : UK's FSA hoping to publish RBS report on Dec. 12 - LONDON, Nov 24 (Reuters) - Britain has set Dec. 12 as the provisional date for its keenly anticipated report into failings surrounding the near-collapse of Royal Bank of Scotland during the 2008 credit crisis.

Source : reuters-com

Royal Bank of Scotland 23/11/2011

22:26 : RBS boss says British banks are seen as a 'dumb' investment - Shares in bailed-out lender plunge after commentsRoyal Bank of Scotland's share price tumbled on Wednesday as the chief executive of the bailed-out bank suggested that investors thought it was "dumb" to put money into in the banking industry.Appearing ...

Source : guardian-co-uk

21:12 : UK banks seen as 'dumb place' to put capital - RBS CEO - LONDON (Reuters) - Not many investors see Britain's banks as a wise place to invest and some see it as a "dumb place" to put capital at present, the head of majority state-owned lender Royal Bank of Scotland said.

Source : reuters-com

16:14 : Market situation is one of 'utmost gravity' - RBS CEO - LONDON, Nov 23 (Reuters) - The current financial market turmoil must be viewed with the utmost seriousness, the chief executive of Royal Bank of Scotland said on Wednesday.

Source : reuters-com

14:53 : HSBC, RBS reiterate concerns on UK regulatory costs - LONDON, Nov 23 (Reuters) - HSBC and Royal Bank of Scotland both expressed concerns over the costs associated with proposed new rules for Britain's banks on Wednesday, such as making them hold "bail-in" bonds.

Source : reuters-com

Royal Bank of Scotland 22/11/2011

17:55 : Britain's FTSE 100 hits 7-week closing low - LONDON, Nov 22 (Reuters) - Britain's top shares index hit a seven-week closing low on Tuesday, led lower by energy stocks on worries slower U.S. growth would crimp demand for crude while Commerzbank's funding concerns hit Royal Bank of Scotland|Royal ...

Source : reuters-com

07:29 : UK's Paragon on lookout for deals, profits rise - LONDON, Nov 22 (Reuters) - British buy-to-let mortgage specialist Paragon posted a surge in full-year profits on Monday and said it remained on the look-out for acquisition opportunities, having bought a portfolio off Royal Bank of ...

Source : reuters-com

Royal Bank of Scotland 21/11/2011

22:39 : Lloyds Banking Group in turmoil as Nathan Bostock backs out - Lloyds has been plunged into fresh turmoil at the top after it was given the cold shoulder by a key executive it had hoped to hire from Royal Bank of Scotland. Nathan Bostock was due to join Lloyds in March, but he informed ...

Source : thisismoney-co-uk

22:15 : Risk expert Nathan Bostock decides to steer clear of the riderless Black ... - Nathan Bostock knows a thing or two about risk and restructuring. Or at least you hope he does, given he's head of both at Royal Bank of Scotland, a fine practitioner of the two Rs, if ever.

Source : telegraph-co-uk

17:29 : Banks agree to fairer overdraft rules - Major UK banks including Barclays, HSBC, Lloyds, Royal Bank of Scotland and Santander have signed up to a scheme designed to help customers avoid going into the red. A text alert system, already ...

Source : financemarkets-co-uk

17:00 : LPC-Survey of middle market execs finds half engaged in M&A - NEW YORK, Nov 21 (LPC) - Half of the middle market executives in a recent survey are actively engaged in M&A activity, according to RBS Citizens, the Commercial Banking division of Citizens Financial Group.

Source : reuters-com

14:11 : David Robert named Lloyds interim chief-executive in case Antonio Horta-Oso - Meanwhile, Lloyds added that Nathan Bostock, who was expected to join the group to run its wholesale division, had decided against it and would instead be staying with Royal Bank of Scotland.

Source : thisismoney-co-uk

13:50 : Bostock sticks with RBS … and deepens Lloyds's troubles - António Horta-Osório's big hire has decided not to join Lloyds after all – increasing uncertainty over whether the bank's fatigued chief executive will return to work on a permanent basisThe worst outcome, in the view of some Lloyds Banking Group's shareholders, ...

Source : guardian-co-uk