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RBS

Regulation

'The biggest mis-selling scandal': PPI payouts top £10bn

More than £10bn has now been returned to payment protection insurance (PPI) policyholders by the banks and building societies that mis-sold it to them, according to the latest figures from the Financial Conduct Authority (FCA).

clock 28 June 2013 •

Economics / Markets

Ex-Chancellor Darling: govt must avoid Lloyds and RBS 'firesale'

Former Chancellor Alistair Darling, who oversaw the bail-out of RBS and Lloyds in 2008, has urged the government to avoid a rapid disposal of taxpayers' stakes in the banking giants.

clock 24 June 2013 •

Economics / Markets

Osborne paves way for RBS bad bank as govt prepares for Lloyds sale

The Chancellor, George Osborne, has said it would have been wise to split majority-government owned Royal Bank of Scotland (RBS) into a good and bad bank when the crisis erupted, paving the way for such action to be taken in the future.

clock 20 June 2013 •

Investment

Banking commission: jail reckless bankers

The long-awaited Parliamentary Commission on Banking Standards report has criticised the government's handling of part-nationalised UK banks and recommended criminal sanctions for senior executives who behave "recklessly".

clock 19 June 2013 •

Structured Products

RBS exits retail structured product market

Royal Bank of Scotland (RBS) has pulled out of the retail structured product market due to high capital costs.

clock 14 June 2013 •

Equities

RBS shares dive 7% after Hester's shock resignation

Shares in Royal Bank of Scotland dropped 7% at the start of today's trading session in London following news CEO Stephen Hester will step down later this year.

clock 13 June 2013 •

Investment

What price Goodwin? Bookies' list candidates for RBS top job

Bookmakers have already set odds on who will replace Stephen Hester at the helm of RBS, following after his shock resignation announcement yesterday.

clock 13 June 2013 •

Investment

RBS set to cut 2,000 jobs

The Royal Bank of Scotland (RBS) is set to announce 2,000 job cuts on Thursday, after it emerged chief executive Stephen Hester is to step down, according to reports.

clock 13 June 2013 •

Investment

Barclays steals RBS's crown as UK's 'least trusted bank'

Barclays is the least trusted bank in Britain, according to a new survey.

clock 10 June 2013 •

Investment

RBS rejects private equity bid for branches

Royal Bank of Scotland (RBS), the state-backed lender, has rejected a joint bid to from two US private equity firms looking to buy 316 branches.

clock 31 May 2013 •
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