Rbs

RBS Takes Big Step Towards Independence From Government

PA/The Huffington Post UK | Posted 17.10.2012 | UK

The semi-nationalised Royal Bank of Scotland has announced it is to exit a state-backed insurance scheme covering its poorer-quality assets, a signifi...

Jobs Under Threat At RBS After Santander Deal Collapse

PA/Huffington Post UK | Posted 13.10.2012 | UK

Thousands of workers are facing mounting uncertainty over their jobs after the collapse of a proposed sale of Royal Bank of Scotland branches to Spani...

RBS Boss Stephen Hester 'Disappointed' After Santander Pulls Out Of Deal

PA/Huffington Post UK | Posted 12.12.2012 | UK

The proposed sale of 316 RBS branches to Santander had collapsed after the Spanish banking giant pulled out of an agreed £1.65 billion purchase. T...

PPI Complaints Soar, But Current Account Gripes Continue To Drop

Charlie Thomas | Posted 27.09.2012 | UK

Payment protection insurance complaints in the past six months have driven grumbles about financial services firms up by 59%. Data released on Sept...

RBS: 'We're On The Way To Becoming A Good Bank'

PA/The Huffington Post UK | Posted 25.09.2012 | UK

The Royal Bank of Scotland is nearing the point of becoming a "recovered bank" and should have largely completed its restructuring by next year, accor...

Banks Are Lending More, Says Merv

Press Association/The Huffington Post | Posted 25.09.2012 | UK

The Bank of England has said there are signs that banks are starting to lend more cash to struggling businesses and households. Borrowing rates are...

Barclays Named The 'Most Complained About Bank'

Charlie Thomas | Posted 11.09.2012 | UK

Barclays Bank was the most complained about financial institution, racking up 23,703 complaints in a year, according to data from the Financial Ombuds...

RBS Improves Existing Lending Rates For Medium Sized Businesses With Funding For Lending Scheme

The Huffington Post UK | Charlie Thomas | Posted 10.09.2012 | UK

The Royal Bank of Scotland has announced it will use the Treasury's Funding For Lending scheme to boost its Manufacturing Fund. The fund, which was...

'Anyone Can Change Libor'

Reuters | Posted 23.08.2012 | UK

A former dealer for the Royal Bank of Scotland Group PLC has provided fresh details on how traders at the British bank tried to influence Libor rates...

Barclays, RBS and HSBC Face US Libor Investigation

PA | Posted 16.08.2012 | UK

The rate-rigging scandal that has rocked the banking industry is showing no signs of abating as US authorities summoned three British banks for questi...

When Things Go Wrong..

Owen Roberts | Posted 09.10.2012 | UK
Owen Roberts

Being in the public eye is a tricky thing, very few people remember the things you get right and everyone will remember the things you get wrong.

RBS's Prized American Division 'Citizens' A Takeover Target For Brazilian Bank

PA | Posted 05.08.2012 | UK

Royal Bank of Scotland's prized American division Citizens was today reported to be a £10 billion target for one of Brazil's biggest banks. The Rh...

On The Table? Government 'Discussing Fully Nationalising RBS'

The Huffington Post UK | Posted 02.08.2012 | UK Politics

Cabinet ministers are considering fully nationalising the Royal Bank of Scotland, which was bailed out in in 2008, according to reports on Thursday. ...

RBS Bracing Itself For Libor Scandal Fine, Chief Admits

Posted 28.09.2012 | UK

The Royal Bank of Scotland expect to be next in line to be censured by the Financial Services Authority over their role in the Libor scandal, its chie...

My Story: Why I Spoke Out About the Ulster Bank Chaos

Brian John Spencer | Posted 09.09.2012 | UK Politics
Brian John Spencer

I was on the local news the other night; a first for me, as you can see, here. I made the intro credits, was interviewed by the BBC business journalist off site and was seen unfurling a banner over a bridge that overhangs a major carriageway that read: "fat cat on a hot tin roof."

Banks Are Anti-Business, Claims Vince Cable

PA | Posted 06.08.2012 | UK Politics

Banks are anti-business and are throttling the economic recovery, Business Secretary Vince Cable said on Sunday as he claimed the Government's reforms...

Ulster Bank Boss To Turn Down Annual Bonus

PA | Posted 05.07.2012 | UK

Ulster Bank chief executive Jim Brown has said he was turning down his annual bonus following the IT meltdown which left hundreds of thousands of cust...

Ulster Bank Boss May Pick Up Bonues In Spite Of IT Meltdown

PA | Posted 05.07.2012 | UK

Ulster Bank's chief executive has refused to rule out pocketing an annual bonus despite a systems failure leaving hundreds of thousands of customers w...

Barclays Shares Slip Into The Red

PA | Posted 02.09.2012 | UK

A day of drama for Barclays that saw a boardroom bloodbath culminated with the beleaguered bank's shares slipping into the red. Chief executive Bob...

A Simple Cure for the Banking System

Margaret Heffernan | Posted 02.09.2012 | UK
Margaret Heffernan

Break the banks up and they won't be too big to fail; they will - finally - be small enough for success.

Barclays Share Price Rises After Bob Diamond's Resignation

PA | Posted 03.07.2012 | UK

Barclays shares were nearly 2% higher as investors appeared to back Bob Diamond's decision to step down as the bank's chief executive. After a vola...

The Creative Destruction of the Banks Could be Sooner Than They Think

Russ Shaw | Posted 02.09.2012 | UK
Russ Shaw

With the arrival of new businesses that can do it better, faster or smarter, the incumbents need to watch out - the 'creative destruction' of the banks could be sooner than they think.

Cheque Out: Barclays Chairman To Step Down

PA | Posted 01.07.2012 | UK

The chairman of Barclays Bank was tonight reported to be on the brink of stepping down as the row intensified over the Libor rate-fixing scandal. R...

RBS Sacks Ten Traders Over Libor-Fixing Scandal

PA/Huffington Post UK | Posted 31.08.2012 | UK

Royal Bank of Scotland has sacked 10 of its traders over their alleged role in the Libor-fixing scandal. The revelation comes after the bank confir...

Clarke Calls For Rogue Banker Trials

PA/The Huffington Post UK | Posted 30.06.2012 | UK

Bankers who have committed crimes must be brought to trial, Justice Secretary Ken Clarke insisted on Saturday. Asked about the two major scandals t...