28/02/2015 11:00:43 Free Membership Login

Royal Bank Of Scotland News (LSE:RBS)

DateTimeSource
Headline
02/27/201512:32PMDJNLONDON MARKETS: FTSE 100 Marks Best Monthly Gain In A Year
By Carla Mozee, MarketWatch LONDON (MarketWatch)--U.K. stocks slipped Friday, but the benchmark FTSE 100 ended the month of February with a gain as well as a notable record. The FTSE 100 slipped 3 points to 6,946.66, easing back from Thursday's rise that marked its second record closing high this week; on Tuesday, it logged... More...>>
02/27/20151:36AMALNCPRESS: RBS's Coutts Under Investigation In Germany - Sky News
LONDON (Alliance News) - The Royal Bank of Scotland Group PLC's Coutts private banking business is being investigated by German authorities over allegations of aiding client tax evasion, Sky News reported on Thursday. Sky said Coutts has confirmed the investigation is focusing on its Swiss operation and was concentrating... More...>>
02/26/20158:08PMDJNGlobal Retreat By RBS Stings US
(FROM THE WALL STREET JOURNAL 2/27/15) By Margot Patrick in London, Daniel Huang in Stamford, Conn., and Katy Burne in New York Royal Bank of Scotland Group PLC said Thursday it will dismantle its global investment bank, including cutting more than 1,000 investment-banking jobs in the U.S. The move is a blow to Stamford... More...>>
02/26/20156:18PMDJNADR Shares End Mixed; Reed Elsevier Trades Actively
International stocks trading in New York closed mixed on Thursday. The BNY Mellon index of American depositary receipts edged down 0.2% to 147.23. The European index fell 0.4% to 144.91; the Asian index improved 0.39% to 153.81; the Latin American index fell 0.32% to 226.46 and the emerging-markets index eased 0.06% to... More...>>
02/26/20153:33PMDJNCorrection to RBS Story
The 3rd update to the story, "RBS to Reduce Global Footprint," published at 8:10 a.m. EST, incorrectly stated that RBS is exiting 25 countries and that RBS aimed to bring the total number of countries it operates in down to 13. RBS is exiting 21 countries and RBS investment-banking operations will remain in 13 countries... More...>>
02/26/20153:01PMDJNRBS to Reduce Global Footprint -- 4th Update
By Margot Patrick LONDON-- Royal Bank of Scotland Group PLC on Thursday said it would spend billions of pounds to dismantle its global investment bank--including pulling back sharply in the U.S.--as it announced its seventh annual loss in a row. RBS shares sank 5% after Chief Executive Ross McEwan said radical measures... More...>>
02/26/20152:21PMDJNRBS to Reduce Global Footprint -- 3rd Update
By Margot Patrick LONDON-- Royal Bank of Scotland Group PLC on Thursday said it would spend billions of pounds to dismantle its global investment bank--including pulling back sharply in the U.S.--as it announced its seventh annual loss in a row. RBS shares sank 5% after Chief Executive Ross McEwan said radical measures... More...>>
02/26/201512:37PMDJNLONDON MARKETS: FTSE 100 Hits Record High As Standard Chartered Surges
By Carla Mozee, MarketWatch LONDON (MarketWatch) -- U.K. stocks finished higher Thursday, leaving the FTSE 100 with a fresh record close, with Standard Chartered PLC surging as the bank named a new chief executive. But stock in Royal Bank of Scotland PLC was dragged lower following financial results and news that the firm... More...>>
02/26/201511:58AMDJNNew Standard Chartered Head Bill Winters Draws Rave Reviews
By David Wighton LONDON-- Bill Winters, a longtime investment banker at J.P. Morgan Chase & Co., hasn't worked in Asia or Africa. He lacks experience in commercial or retail banking. He's never run a bank. Yet his appointment Thursday to become the next chief executive of Standard Chartered PLC, the struggling emerging-markets-focused... More...>>
02/26/201511:09AMDJNHampton to Become GlaxoSmithKline Chairman on May 7
By Tapan Panchal LONDON--GlaxoSmithKline PLC (GSK.LN) confirmed on Thursday that Philip Hampton, the current chairman of Royal Bank of Scotland Group PLC (RBS.LN), will become the chairman of the pharmaceutical company on May 7. Mr. Hampton was named as the new chairman in September. He will replace Christopher Gent, who... More...>>
02/26/20159:04AMDJNCorrection to RBS to Reduce Global Footprint Story
RBS has brought down the number of countries it operates in to 38, from more than 50 in 2009, and aims to bring that total down to 13. "RBS to Reduce Global Footprint -- 2nd Update," at 1201 GMT and the previous update at 0851 GMT incorrectly said RBS halved the number of countries it operates in, to around 25, and aims... More...>>
02/26/20158:40AMDJNRBS to Reduce Global Footprint -- 3rd Update
By Margot Patrick LONDON-- Royal Bank of Scotland Group PLC on Thursday said it would dismantle its global investment bank and exit 25 more countries as it announced a seventh annual loss in a row. Chief Executive Ross McEwan said a series of one-off charges had hit the bank's earnings last year, including a GBP4 billion... More...>>
02/26/20158:04AMDJNCorrection to RBS to Reduce Global Footprint Story
RBS said it would exit 25 more countries. "RBS to Reduce Global Footprint -- Update," at 0851 GMT, misstated that RBS would exit around 10 countries this year. Subscribe to WSJ: http://online.wsj.com?mod=djnwires More...>>
02/26/20157:31AMDJNRBS to Reduce Global Footprint -- Update
By Margot Patrick LONDON-- Royal Bank of Scotland Group PLC on Thursday said it would dismantle its global investment bank and exit 25 more countries as it edged closer to shedding state support with a smaller net loss in 2014. The 80% government-owned bank posted a GBP3.47 billion ($5.39 billion) net loss, narrower than... More...>>
02/26/20157:06AMALNCUPDATE: RBS Ends Standalone Global Investment Bank Amid Group Losses
LONDON (Alliance News) - Royal Bank of Scotland Group PLC Thursday revealed that it no longer plans to operate a standalone global investment bank, as pressure from poor returns, increasingly strict regulations and operating losses saw the division weigh on group operating results in 2014. RBS had already planned to turn... More...>>
02/26/20156:34AMDJNLONDON MARKETS: Standard Chartered Gains, But RBS Drops In London Trade
By Carla Mozee, MarketWatch LONDON (MarketWatch) -- U.K. stocks huddled around the flatline Thursday, with shares of Standard Chartered PLC gaining as the bank said it has named a new chief executive, while stock in Royal Bank of Scotland PLC was dragged lower following financial results. The FTSE 100 picked up 2 points... More...>>
02/26/20155:36AMDJNMizuho to Buy Royal Bank of Scotland's US Loan Assets for $3 Billion -- Update
By Atsuko Fukase TOKYO-- Mizuho Financial Group Inc. said Thursday that it has agreed to purchase the U.S. loan assets of Royal Bank of Scotland Group for around $3 billion, as Japanese companies snap up overseas assets at a record pace. Mizuho, Japan's second-largest lender by assets, said it will acquire $36.5 billion... More...>>
02/26/20154:21AMDJNRBS to Reduce Global Footprint -- Update
By Margot Patrick LONDON-- Royal Bank of Scotland Group PLC on Thursday said it would exit around 10 countries this year and pull back sharply from investment banking as its 2014 net loss narrowed and it edged closer to shedding state support. The 80% government-owned bank posted a GBP3.47 billion ($5.39 billion) net loss... More...>>
02/26/20153:28AMDJNPhoenix Group Chairman Howard Davies Resigns to Join RBS
LONDON--Phoenix Group Holdings (PHNX.LN) said Thursday Chairman, Howard Davies, has tendered his resignation from the board effective Aug. 31, due to the time commitment required by his impending appointment as chairman of The Royal Bank of Scotland PLC (RBS.LN). The insurance firm said it is starting the process to recruit... More...>>
02/26/20153:01AMDJNRBS Posts Seventh Straight Loss
By Margot Patrick LONDON-- Royal Bank of Scotland Group PLC on Thursday posted a GBP3.47 billion ($5.39 billion) net loss for 2014 after writing down the value of part-owned U.S. unit Citizens Financial Group by GBP4 billion. The 80% state-owned bank said its seventh consecutive loss, narrower than last year's GBP9 billion... More...>>


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