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Royal Bank of Scotland

Royal Bank of Scotland 05/08/2011

14:43 : European Stocks Are Little Changed as RBS, Allianz Shares Slide - European stocks were little changed, with the benchmark Stoxx Europe 600 Index heading for its biggest weekly loss since May 2010, after a report showed that the U.S. economy added more jobs than expected last month. Asian shares sank.
Source : businessweek-com
13:53 : A new credit crunch? RBS hopes not - Are we in a new credit crunch is a question often asked the bosses of Britain's major banks. It was asked again this morning of Stephen Hester, chief executive of Royal Bank of Scotland, who answered that ...
Source : telegraph-co-uk
11:53 : UK banks on track to meet Project Merlin targets - Provisional figures released today have revealed that the UK's five biggest banks are on track to meet their lending targets under the Project Merlin deal. Under the agreement, Project Merlin, Barclays, Royal Bank of Scotland|Royal ...
11:53 : RBS H1 profits hit by Greek crisis and PPI costs - The Royal Bank of Scotland (RBS) has today unveiled a loss of £1.4 billion for the six months to the end of June. The bank, which is 84% owned by the taxpayer, said its exposure to the Greek debt crisis and costs relating ...
10:57 : European Stocks Retreat as RBS, Allianz, Dexia Shares Decrease - European stocks and U.S. futures retreated, with the benchmark Stoxx Europe 600 Index heading for its biggest weekly loss since November 2008, as concern escalated the economic recovery is stalling. Asian shares sank.
Source : businessweek-com
10:38 : Ulster Bank loses £566m - Ulster Bank, the Irish subsidiary of Royal Bank of Scotland, made an operating loss of £566m in the first half of the yearUlster Bank, the Irish subsidiary of Royal Bank of Scotland, made an operating ...
Source : guardian-co-uk
10:24 : TRADING ENDS: RBSZ0000H5 - EXCHANGE NOTICE, 5 AUGUST 2011 BONDS TRADING ENDS: RBSZ0000H5 Trading in the bond 5 Year Worst of Autocall Notes linked to a Bric Basket issued by The Royal Bank of Scotland N.V., London Branch will end on the NASDAQ OMX ...
10:11 : RBS: how the market reacted - Part-nationalised Royal Bank of Scotland fell to a swung to a £794 first-half loss as it took a £733 million hit on its exposure to Greece's debt-laden economy, compared with a £1.1bn profit last year. This is how analysts ...
Source : telegraph-co-uk
09:50 : RBS shares tumble as it slides into the red - Shares in taxpayer-owned Royal Bank of Scotland plunged 12 per cent after it reported a slump into the red on a day of wider turmoil on the stock market.
09:50 : Lloyds And RBS shares plunge - when will taxpayers get their money back? - Lloyds and RBS shares have plunged with taxpayers now £65billion out of pocket on the bailouts from the last crisis. The government has, for now, spurned its chance to pocket a profit.
09:30 : FTSE shows another triple digit loss as Old Mutual hints US float may ... - As the global sell-off continued, financial shares are bearing the brunt of the falls.Royal Bank of Scotland is down 2.5p at 27.78p as it revealed the extent of the damage done so far by the Greek crisis - reminding investors of the sector's ...
Source : guardian-co-uk
08:51 : Royal Bank of Scotland posts £794m loss after Greece hit - Royal Bank of Scotland, the part-nationalised bank, swung to a half-year loss as it took a £733m hit on its exposure to Greece's debt-laden economy, sending the shares tumbling 14pc.
Source : telegraph-co-uk
08:22 : RBS chief calls for calm as Greek crisis contributes to bank's loss - Big hit on Greek bonds and provision for payment protection insurance compensation sends Royal Bank of Scotland into redStephen Hester, chief executive of Royal Bank of Scotland, urged markets ...
Source : guardian-co-uk
07:33 : Greece crisis puts RBS in the red - Part-nationalised Royal Bank of Scotland today swung to a half-year loss as it took a £733 million hit on its exposure to Greece's debt-laden economy.
07:32 : RBS Posts Loss on Greek Writedowns, Insurance Compensation - Royal Bank of Scotland Group Plc, Britain's biggest government-controlled bank, swung into loss in the first half after writing down the value of its Greek debt and setting aside funds to compensate insurance customers.
Source : businessweek-com
07:27 : RBS posts £678 million loss, bruised by Greece, Ireland - LONDON (Reuters) - Royal Bank of Scotland slid to a pretax loss of 678 million pounds in the second quarter, hit by losses on Greek government bonds and Irish customers still struggling to repay loans.
Source : reuters-com
07:09 : Irish losses weigh on RBS - Royal Bank of Scotland slid to a pretax loss of £678 million (€778 million) in the second quarter when its loan book deteriorated, driven by losses on Greek government bonds and little sign of improvement in Ireland.
Source : irishtimes-com

Royal Bank of Scotland 04/08/2011

23:43 : RBS may post Q2 loss, cut more jobs - LONDON, Aug 5 (Reuters) - Royal Bank of Scotland may post a second consecutive quarterly loss on Friday, as analysts look for updates on the part-nationalised group's restructuring plans and possible new job cuts.
Source : reuters-com
20:16 : Eurozone fears send shares in Lloyd's, HSBC, RBS and Barclays plunging - Echoes of 2008's financial meltdown as uncertainty mounts over European debtTaxpayers were nursing £28bn of losses on their £65bn stakes in Lloyds Banking Group and Royal Bank of Scotland after a torrid day on the stock market.As ...
Source : guardian-co-uk
19:16 : RBS to take £840 million Greek hit - report - LONDON (Reuters) - Royal Bank of Scotland will report an £840 million hit on its Greek sovereign debt exposure, Sky News reporter Mark Kleinman wrote in his blog Thursday.
Source : reuters-com

Royal Bank of Scotland 03/08/2011

22:47 : RBS to shed thousands of investment bank jobs-FT - LONDON, Aug 3 (Reuters) - Royal Bank of Scotland plans to shed as many as 2,000 jobs from its investment banking unit, the Financial Times reported on Thursday.
Source : reuters-com

Royal Bank of Scotland 02/08/2011

05:27 : NEW ISSUE-India's IL&FS unit mandates 3 banks for renminbi bonds-sources - MUMBAI, Aug 2 (Reuters) - A unit of Indian lender Infrastructure Leasing & Financial Services Ltd (IL&FS) has mandated Deutsche Bank , RBS and UBS for a renminbi-denominated bonds offering, two ...
Source : reuters-com

Royal Bank of Scotland 01/08/2011

11:04 : Bank job cuts mount - HSBC's plans to cut up to 30,000 staff are the latest by a global bank, with more possibily coming later in the week when Barclays, Lloyds and Royal Bank of Scotland report first-half results. Here is a list ...
Source : telegraph-co-uk

Royal Bank of Scotland 31/07/2011

00:09 : RBS transfers 15m policies in insurer merger - More than 15 million people will see their policies transferred to a single balance sheet as part of the merger of Royal Bank of Scotland's insurance companies.

Royal Bank of Scotland 29/07/2011

23:24 : Market Report: Lloyds loses ground as bears reign supreme - Lloyds was the weakest of the blue chips last night as traders, already wary of banking stocks owing to the impasse over the federal debt ceiling in the US, took note of some bearish comment from Royal Bank of Scotland, the ...

Royal Bank of Scotland 27/07/2011

18:06 : Banks push FTSE lower; US debt deal remains elusive - Lloyds (LLOY.L), Barclays (BARC.L) and RBS (RBS.L) led the FTSE 100 below 5,900 as world markets fell amid political gridlock over a US debt deal and weak economic data.
Source : citywire-co-uk
18:06 : Banks push FTSE lower; US debt deal remains elusive - Lloyds (LLOY.L), Barclays (BARC.L) and RBS (RBS.L) led the FTSE 100 below 5,900 as world markets fell amid political gridlock over a US debt deal and weak economic data.
Source : citywire-co-uk
16:54 : Banks lead FTSE decline as US debt deal remains elusive - Lloyds (LLOY.L), Barclays (BARC.L) and RBS (RBS.L) take the brunt of losses on the FTSE as world markets fall amid political gridlock over a US debt deal and weak economic data.
Source : citywire-co-uk

Royal Bank of Scotland 25/07/2011

23:29 : Former head of RBS Aviation is banned from sale - THE former head of Royal Bank of Scotland's aircraft leasing arm is understood to have been excluded from buying the business which is expected to fetch more than £4 billi
Source : scotsman-com
14:08 : Exclusive - RBS Aviation bars former boss from auction - LONDON (Reuters) - Royal Bank of Scotland has excluded the former boss of its aircraft leasing business from the $8 billion (4.9 billion pound) auction of the unit, raising concerns the part-nationalised bank is barring a ...
Source : reuters-com
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