Royal Bank of Scotland

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Ex-UBS trader to help authorities in currency probe

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A currency trader from the Cartel chatroom -- the instant-messaging group the U.S. government named in wringing guilty pleas from five global banks - has been helping prosecutors who are trying to build foreign-exchange manipulation cases against individuals, according to two people familiar with the matter.

Regulator bans ex-RBS libor submitter

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The Financial Conduct Authority (FCA) has banned Paul White from performing any function in relation to any regulated financial activity and publicly censured him. Were it not for Mr White’s serious financial hardship, the FCA would have fined him £250,000 ($357,575).

FT - RBS still has work to do

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Hundreds of job cuts, more branch closures and a move to offload millions of pounds of pension expenses to employees are among the latest attempts by Royal Bank of Scotland to slash costs.

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Royal Bank Of Scotland Said To Score Own Goal

Bloomberg reports that RBS Securities is counting the cost of what looks like a silly error made by one of its staff who is alleged to have sent out an 'unauthorized' e-mail to clients concerning the planned IPO of US TV ratings company Nielsen Holdings.

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FT - RBS still has work to do

Hundreds of job cuts, more branch closures and a move to offload millions of pounds of pension expenses to employees are among the latest attempts by Royal Bank of Scotland to slash costs.

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RBS board survives revolt over pay

The board of Royal Bank of Scotland survived a potential shareholder revolt over executive pay packages yesterday, but warned of continued difficult times ahead as the loss-making bank continues to look to slash costs.