ADVFN - Advanced Financial Network.
HOME» NYSE » R » RBS Stock Price » RBS Stock News

Royal Bank of Scotland Grp. Share News

 Royal Bank of Scotland Grp. Stock Price
RBS Stock Price
 Royal Bank of Scotland Grp. Stock Chart
RBS Stock Chart
 Royal Bank of Scotland Grp. Stock News
RBS Stock News
 Royal Bank of Scotland Grp. Company Information
RBS Company Information
 Royal Bank of Scotland Grp. Stock Trades
RBS Stock Trades

UK Banks Face Losses On GBP112 Million Of Debts To Luminar - Newspaper

LONDON--Lloyds Banking Group (LYG), Royal Bank of Scotland Group PLC (RBS) and Barclays PLC (BCS) are set to make "significant" losses on aggregate debt of GBP112 million to Luminar PLC which collapsed into administration last year, the Daily Telegraph reports Tuesday. The creditors pulled the plug on the nightclub operator after it racked up losses of almost GBP200 million and was hit by a surge in youth unemployment, the paper adds. In a report filed at Companies House, the company's administrators Ernst & Young said that "it is still estimated that secured creditors [the banks] will experience a significant shortfall following distribution of the net fixed and floating charge realisations from the administration," the paper reports. In the report the administrator said the three banks were owed GBP112.4 million between them. Newspaper website: http://www.telegraph.co.uk -London Bureau, Dow Jones Newswires; +44 (0)20 7842 9320

Stock News for Royal Bank of Scotland Grp. (RBS)
DateTimeHeadline
07/28/201606:28:00VocaLink's 4 Biggest Shareholders Should Cut/Sell Stakes if MasterCard...
07/21/201610:03:00Royal Bank of Scotland to Book GBP150 Million Gain From VocaLink...
07/21/201608:57:00Royal Bank of Scotland to Book GBP150 Million Gain From VocaLink...
07/11/201618:45:00ADRs End Higher; Financial Firms Rise
07/07/201608:05:00Foreign Money Center Banks Equities Technical Review - HSBC Holdings...
07/06/201616:28:00The Big Bank Bloodbath: Losses Near Half a Trillion Dollars
06/28/201617:10:00Moody's Puts U.K. Banking System on Negative Outlook
06/28/201615:35:00European Banks' Credit Surviving the Brexit Storm
06/28/201603:02:00Bank Stocks Lead a Global Selloff -- WSJ
06/27/201618:31:00ADRs End Lower; Financial Firms Decline
06/27/201611:36:00MARKET SNAPSHOT: U.S. Stocks Plunge For Second Day After Brexit...
06/27/201609:44:00Bank Shares Drop as Analysts Weigh 'Brexit' Impact -- 2nd Update
06/27/201608:00:00Bank Shares Drop as Analysts Weigh 'Brexit' Impact
06/27/201607:46:00Circle Property Gets GBP50 Million Loan from RBS
06/27/201607:13:00Bank Shares Drop as Analysts Weigh 'Brexit' Impact -- Update
06/27/201606:00:00Bank Shares Drop as Analysts Weigh Brexit Impact
06/24/201618:10:00Bank Shares Plummet Around the World, but Europe Fares Worst
06/24/201617:59:00Bank Shares Plummet Around the World, but Europe Fares Worst
06/24/201614:50:00European Banks Take Beating After 'Brexit' Vote -- Update
06/24/201609:09:00European Banks Take Beating After 'Brexit' Vote -- 2nd Update

Royal Bank of Scotland Grp. and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2015 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad