Royal Bank of Scotland

I meet him as he surveys his olde world restaurant from the end of the bar, with its exposed timbers, low ceiling, flagstone floor and log fire, telling me that this year, from France, he's going to keep an eye on business... across the road, at Royal Bank of Scotland. That's because he's one of the main figures in ...

The Royal Bank of Scotland (RBS) is working on a project to create a digital challenger bank, Sky News has reported. According to the report the project is being led by the bank's former chief operating officer Mark Bailie. A spokesperson for RBS said: “Our industry is changing rapidly and therefore we need ...

Royal Bank of Scotland could launch an online bank as it targets the valuable youth market and tries to escape its toxic past. The internet lender would likely be separate from the bank's existing brands, similar to HSBC's First Direct. Sign of the times: The internet lender would likely be separate from the ...

The East India Club is threatening to sue Royal Bank of Scotland over alleged failings that enabled a former employee to steal more than £560,000. The club, a members-only venue in central London founded in 1849 whose former patrons and members include Prince Albert, Lord Mountbatten and Lord ...

Claimants in the long-running Royal Bank of Scotland (RBS) rights case are expecting to receive a slice of the £200m settlement, nearly a year after the case was resolved. Law firm Signature Litigation confirmed that it was planning on making an interim payment to claimants by Easter, the first made since ...

MOSCOW, March 13 (RAPSI) – The Kursk Regional Commercial Court has resumed proceedings in the lawsuit filed by The Royal Bank of Scotland, which seeks to recover $296.6 million in debt from the Ivolga Center company, the court ruling reads. Hearings in the case are set for April 18. On January 26 ...

US prosecutors claim Malaysian officials and their business associates siphoned billions of dollars of government-guaranteed funds from 1MDB to personal bank accounts. Share. Get Daily updates directly to your inbox. + Subscribe. Thank you for subscribing! Could not subscribe, try again laterInvalid ...

In December 2017, The Royal Bank of Scotland Group plc (LSE:RBS) announced its most recent earnings update, which indicated that the company finally turned profitable after losses on average over the past couple of years. Below, I've presented key growth figures on how market analysts perceive ...

There is a significant amount of debate about which executive should be responsible for enterprise innovation. The underlying role of technology at almost all businesses means the CIO often looms large in these debates. But at Royal Bank of Scotland (RBS), the answer to who runs innovation is Kevin ...

For a few years I've seen Royal Bank of Scotland Group (LSE: RBS) shares as too expensive. They came back from the banking crisis almost as strongly as shares in Lloyds Banking Group, yet RBS was way behind the black horse in the strength of its recovery and in its prospects for the return of dividends.

Royal Bank of Scotland will soon run more of its programmatic advertising internally, according to David Wheldon, the bank's chief marketing officer. The financial firm is building what Wheldon calls an “in-house studio” that will run parts of its media and advertising alongside its external agencies. Rather ...

It is "inevitable" that Royal Bank of Scotland (RBS) will cut jobs in the coming years, according to the lender's chief financial officer. Ewen Stevenson today said the the cuts would focus on slimming down head office functions, as well as legacy data centres, but refused to address the size of the ...

Three-quarters of the staff and nearly all the senior managers at Royal Bank of Scotland's new division, which supports struggling businesses, previously worked at its controversial Global Restructuring Group, which has been accused of pushing firms into bankruptcy. The Treasury select committee, which ...

Royal Bank of Scotland is back in the black, but litigation problems remain · Perismmon bosses cut share awards after controversy · British Airways owner IAG shares fall but Pearson gains ground · Eurozone inflation slips in January. Updated 23 Feb 2018. RBS makes a profit after ten years Photograph: ...

Royal Bank of Scotland has posted its first annual profit in a decade, but admitted it is braced for a multibillion-pound hit from US regulators. The bank, which is still 71%-owned by the government, made a profit of £752m in 2017, following a £7bn loss in 2016. Its chief executive, Ross McEwan, declared it a ...

Good morning, ladies and gentlemen. Thank you for coming. Today we are announcing our first annual profit since 2008. Achieving profitability is clearly an important milestone on the bank's recovery journey and the board acknowledged the hard work done Ross, Ewen and all their colleagues to get us to ...

At last! The Royal Bank of Scotland has turned a profit for the first time in a decade. The lender, which is largely owned by the UK government, reported 2017 profit of £752 million ($1 billion) on Friday, after accumulating losses of £58 billion ($81 billion) over the previous nine years. "This is a symbolic ...

Royal Bank of Scotland Group has reached a $500 million settlement with New York state to resolve claims over its sale of risky residential mortgage-backed securities that contributed to the 2008 financial crisis. The accord includes a $100 million cash payment to the state and $400 million of consumer ...

The Royal Bank of Scotland has been ranked as one of the worst UK financial institutions - by its own customers. The Edinburgh-based bank, which is still majority-owned by the tax payer, was second last in a poll for Britain's Best Bank, behind only M&S Bank, which held the bottom spot for the second year ...

Intercontinental Exchange's (ICE) trading volume improves in February. We expect its diverse product line and risk management services to drive the same in the near term. More. Global stocks traversed another turbulent week marked by President Trump's surprise tariff announcement. The upcoming ...