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Sky News - RBS on brink of rights-issue payouts

RBS building

The state-backed Royal Bank of Scotland (RBS) is this weekend on the verge of agreeing to pay out hundreds of millions to shareholders over a $15.22bn fundraising led by former boss Fred Goodwin, even as its executive responsible for conduct and regulatory matters prepares to quit the bank.

RBS trading head said leaving

Departure

Peter Nielsen, who rose up through Royal Bank of Scotland to run the trading business that the lender is now shrinking, is leaving after more than two decades at the company, said a person with knowledge of the matter.

RBS gets favourable decision in U.S. lawsuit

RBS branch sign

A U.S. appeals court on Wednesday declined to hold Royal Bank of Scotland liable for allegedly defrauding investors in its American depositary shares by downplaying its subprime asset exposure prior to the global financial crisis.

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Sky News - RBS on brink of rights-issue payouts

The state-backed Royal Bank of Scotland (RBS) is this weekend on the verge of agreeing to pay out hundreds of millions to shareholders over a $15.22bn fundraising led by former boss Fred Goodwin, even as its executive responsible for conduct and regulatory matters prepares to quit the bank.