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Big European Banks Weigh Outsourcing Small-Business Lending -FT

DOW JONES NEWSWIRES A number of big European banks are exploring whether to outsource small-business lending to specialized loan funds, the Financial Times reported Thursday. Royal Bank of Scotland PLC (RBS.LN) and UBS AG (UBSN.VX) are among the institutions who have talked with loan funds about granting access to the big banks' corporate client bases, the FT reported, citing senior bankers. In the plans under discussion, banks would receive a fee of as much as 3% for acting as loan intermediaries, according to the report. However, the FT cautioned that the talks "have been fraught with difficulties," as the funds and banks are concerned about how the arrangement would work. Full story at www.ft.com -Dow Jones Newswires; 212-416-2900

Stock News for Royal Bank of Scotland Grp. (RBS)
DateTimeHeadline
05/24/201603:02:00Court Tosses Crisis-Era Fraud Fine -- WSJ
05/23/201619:52:00Appeals Court Throws Out $1.27 Billion Penalty Against BofA...
05/23/201615:13:00Civil Antitrust Claims Reinstated Against 16 Banks in Libor Case...
05/17/201606:18:00CMA Seeks to Boost Competition Between Retail Banks--Update
05/16/201605:36:00RBS Appoints Frank Dangeard Nonexecutive Director
05/11/201604:30:00Mediobanca Profit Drops as Volatile Markets Hit Trading Income
05/04/201606:25:00U.K. Banks Prepare for 'Brexit' Ahead of EU Poll
05/03/201620:49:00Seven Banks Agree to Settle ISDAfix Suit -Reuters
04/29/201605:21:00RBS First-Quarter Net Loss Nearly Doubles -- 2nd Update
04/29/201605:11:00Correction to RBS First-Quarter update
04/29/201603:50:00RBS First-Quarter Net Loss Nearly Doubles -- Update
04/29/201603:00:00RBS Reports Wider First-Quarter Loss
04/29/201602:55:00RBS Reports Wider First-Quarter Loss
04/28/201610:57:00RBS Says It May Miss Williams & Glyn Sale Deadline -- Update
04/28/201610:29:00RBS Says It May Miss Williams & Glyn Sale Deadline
04/28/201610:02:00RBS: Disposal of Williams & Glyn May Not Be Achieved By Dec 31...
04/21/201614:20:00Anglo American Shareholders Reject Executive Pay Plan
04/14/201618:51:00ADRs End Mixed; BP Falls
04/14/201607:49:00Royal Bank of Scotland to Cut 600 Retail Jobs
04/11/201604:41:00RBS: Debt Tenders Offers Will Not Have Material Impact

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