Gavin Finch
RBS tumbles after Hester departure as 2,000 job cuts planned
LONDON – Royal Bank of Scotland Group Plc, Britain’s biggest government-owned lender, fell as much as 8.2 percent after CEO Stephen Hester quit and...
RBS chairman signals further job cuts, branch closures to come
LONDON - Royal Bank of Scotland Group PLC, the recipient of the biggest banking bailout in the world, will eliminate more jobs and close...
Van Saun to head Citizens in U.S. as Alemany retires
LONDON - Royal Bank of Scotland Group Plc named Nathan Bostock as finance director to replace Bruce Van Saun, who is moving to run...
RBS said to fire derivatives trader weeks after Libor fine
TOKYO – Royal Bank of Scotland Group PLC dismissed a London-based interest-rates trader, weeks after settling with regulators over its part in the Libor...
BOE’s King says government should split up RBS, accept loss
LONDON - Bank of England Governor Mervyn King urged the government to split up Royal Bank of Scotland Group Plc and speed up the...
RBS loss widened in 2012 on swaps, PPI redress provisions
LONDON - Royal Bank of Scotland Group PLC, Britain’s biggest taxpayer-owned lender, posted a wider full-year loss after it set aside an additional 1.1...
RBS leads European banks higher on preparations for Citizens IPO
LONDON - Royal Bank of Scotland Group Plc, Britain’s biggest government-owned lender, led European bank shares higher as it prepared to sell a stake...
BofA forms global advisory council
LONDON - Bank of America Corp., the second- largest U.S. bank by assets, has formed a global advisory council to instruct senior executives on...
RBS CEO expects to pay over Libor manipulation
LONDON - Royal Bank of Scotland Group PLC, Britain’s biggest taxpayer-owned lender, said it expects to pay a fine in the coming months to...
RBS posts wider-than-estimated loss
LONDON - Royal Bank of Scotland Group Plc, Britain’s biggest state-owned lender, reported a wider-than- estimated loss on impairments in Ireland, writing down Greek...
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