Clik here to view.
"Potential Irregularities" Discovered by RBS in China Division
In response to an extensive Wall Street Journal inquiry, the Royal Bank of Scotland has shared that it has managed to uncover some "potential irregularities" with its Chinese small and medium- sized...
View ArticleClik here to view.
AAM buys nearly 50% of RBS fund management business for £85m
Aberdeen Asset Management has agreed to pay 84.7 million pounds for approximately 50 per cent of the fund management business of the troubled state-controlled bank Royal Bank of Scotland. RBS has been...
View ArticleClik here to view.
RBS still cautious in spite of the profit
The chief executive of Royal Bank of Scotland smacked a routinely vigilant pitch on Friday when he declared that the bank's revisit to profit after three years of atrocious losses.read more
View ArticleClik here to view.
RBS facing the axe despite of profits
The chief executive Stephen Hester of Royal Bank of Scotland swayed warning signals of more job loss in spite of the Edinburgh bank making the brake even for the first half of 2010. According to Hester...
View ArticleClik here to view.
RBS offloads €1.4bn leveraged loan
ROYAL Bank of Scotland yesterday declared it has sold around 10 per cent of its leveraged loan book as it carries on its asset sale in the event of its government bailout.read more
View ArticleClik here to view.
440 face the axe as RBS shuts Glasgow offices of Direct Line
Glasgow’s status as an ‘international finance centre’ was met with a major setback last night following reports that one of the city’s largest employers is to axe in excess 400 jobs in the upcoming six...
View ArticleClik here to view.
RBS appoint past Dresdner Kleinwort financier
Royal Bank of Scotland is to jeopardy blowing the blazes of disagreement on the extreme pay traditions by appointing a banker who took legal action for his previous company for a £2m bonus. The lender...
View ArticleClik here to view.
RBS to pay £391 million to settle Libor scandal allegations
Royal Bank of Scotland (RBS) will have to pay £391 million ($612m) to the U. S. and British authorities to settle allegations of benchmark interest rates manipulation (Libor scandal).read more
View ArticleClik here to view.
RBS planning to restructure Ulster Bank unit
The Royal Bank of Scotland has indicated that it is planning a restructuring of its Ulster Bank unit, a move that will allow the bank to sell some of the government's stake. The Royal Bank of Scotland,...
View Article
