Stephen Morris
RBS to pay $5.5B in FHFA mortgage-bond settlement
NEW YORK - Royal Bank of Scotland Group PLC agreed to pay $5.5 billion to settle the second of three major United States mortgage-backed...
British banks extend Brexit plunge after mass analyst downgrades
LONDON - The U.K.’s largest lenders accelerated the biggest fall since 2009 on Monday after the nation’s vote to leave the European Union sparked...
RBS said to take 4 billion pound writedown on Citizens unit
LONDON - Royal Bank of Scotland Group PLC will write down the value of its U.S. unit, Citizens Financial Group Inc., by about 4...
UKFI says investor interest in RBS is growing as capital gains
LONDON - Interest in Royal Bank of Scotland Group PLC is building among potential investors as its capital position improves, according to U.K. Financial...
RBS set to reach FX settlement within year, CEO says
LONDON - Royal Bank of Scotland Group PLC could reach a settlement with authorities over the alleged rigging of foreign-exchange markets in the next...
RBS, Lloyds rise after Scotland’s voters reject separation
LONDON – Royal Bank of Scotland Group Plc and Lloyds Banking Group Plc rallied after Scots voted to stay in the U.K., avoiding months...
RBS and Lloyds to lead financial exodus on Scottish Yes vote
LONDON - Scotland’s financial-services industry is threatening to head for the border, with Royal Bank of Scotland Group PLC and Lloyds Banking Group PLC...
RBS debt to taxpayers threatened by Scottish independence vote
LONDON - The chances of U.K. taxpayers recouping their money from the world’s biggest bank bailout are receding as Scottish voters stand on the...
RBS, HSBC award senior employees $17.8M in shares
LONDON – Royal Bank of Scotland Group PLC and HSBC Holdings PLC, two of Britain’s largest banks, awarded about 10.6 million pounds ($17.8 million)...
RBS considers sale of Coutts’ foreign arm to focus on U.K.
LONDON – Royal Bank of Scotland Group PLC is considering selling the international arm of its Coutts private bank as it shifts its focus...
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