RBS

Royal Bank of Scotland has posted a pre-tax loss of £1.2bn in the third quarter, as it sets aside a further £400m to cover claims related to the mis-selling of payment protection insurance (PPI).

Nationwide is considering making a bid for the 316 bank branches that Royal Bank of Scotland has been forced to sell, according to reports.

The Financial Services Authority (FSA) "should and could" have intervened in the Royal Bank of Scotland's (RBS's) ill-fated acquisition of ABN Amro, a damning report by the Treasury Committee concludes.

Royal Bank of Scotland (RBS) has closed its Volatility Controlled Cautious Managed and Balanced Managed funds less than two years after launch, after both funds racked up heavy losses.

Royal Bank of Scotland (RBS) has left the government's asset protection scheme which guarantees against losses from banks' riskiest assets.

Virgin Money has made "informal" contact with Royal Bank of Scotland (RBS) over the sale of 300 of its branches, after the original deal with Santander collapsed.

Standard Life says its five-year distribution deal with the Royal Bank of Scotland (RBS) will not target bank customers with IFAs.

CONDENSED

Standard Life has signed a five-year platform distribution deal with Royal Bank of Scotland (RBS).

The chief executive of Royal Bank of Scotland has predicted the business may restart dividend payments to shareholders after 2013, by which time its restructuring phase should be complete.