RBS

Royal Bank of Scotland, which is more than 80% government-owned, is planning to cut another 500 jobs, mostly in the investment banking division in London.

iShares has unveiled its inaugural UK range of swap-based ETFs, based on the multiple swap counterparty model, to provide exposure to India and Russia.

The five largest lenders in the UK accounted for 82% of all mortgage lending activity in 2009, according to the CML.

Although it's not the start of a new year, September still seems to herald the beginning of a new season, a busy period after the traditional quiet lull of summer. Except the last few months have been anything but quiet in the land of ETFs. Existing providers...

RBS has announced a further 3,500 job cuts across England and Scotland in the firm's technical and back office divisions.

Johnny Cameron, the former RBS banker blocked by the FSA from taking up senior positions in the City, has set up his own advisory firm.

The FSA has launched a probe into sales of an AIG bond fund product by RBS' private banking arm Coutts.

The FTSE 100 opened in positive territory as strong results from majority-nationalised bank RBS crowned off a largely impressive results week for the UK banking sector.

The Royal Bank of Scotland Group reported a small £9m net profit over the first half of the year, after recording a £1.14bn pre-tax profit in the six-month period.

Taxpayers could make billions from the banks they rescued during the financial crisis.