Royal Bank of Scotland has acceded to the Bank of England’s call to pass on the interest rate cut to borrowers.
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Royal Bank of Scotland is yet to decide whether to pass on the Bank of England’s cut in interest rates to its borrowers in a move that risks a row with its governor, Mark Carney.
Royal Bank of Scotland (RBS), one of the U.K.'s "big four" banks, posted a massive £2.045 billion ($2.7 billion) net loss for the first six months of 2016 on Friday.
Analysts are scrutinising the potential hit Royal Bank of Scotland and Barclays could take to their financial strength at times of market turbulence following the publication of EU-wide health checks on the financial sector.
Another bumper week of UK banking earnings is expected to bring a fresh dose of bad news, with profits expected to slide at HSBC and a loss forecast at RBS.
The Royal Bank of Scotland has taken the biggest hit to its financial strength of any UK bank subjected to European-wide health checks on major banks.
'I don’t think....current cost-cutting plans are sufficient to generate normalized returns in the time periods they’re targeting'.
Mizuho Financial Group is hiring for bond underwriting on Wall Street, emboldened by winning a bigger slice in managing deals since adding bankers from Royal Bank of Scotland in 2015.
The cost of fines, legal bills and customer compensation racked up by the world’s 20 biggest banks over the five years to the end of 2015 amounted to £252bn, according to new research.
A little after 4.30am Ross McEwan picked up the phone to speak to his colleagues at Royal Bank of Scotland.
Royal Bank of Scotland is being sued for £145m ($208.5m) over its role in a huge carbon trading VAT fraud.
The Treasury pushed Stephen Hester out of his job as chief executive of Royal Bank of Scotland to cut the cost of his pay-off from the state-backed lender, according to a new book.
A few Royal Bank of Scotland interns, it seems, were out for farewell drinks a couple of Fridays ago. And one naive chappie appears to have been landed with a £900 bar bill.
We asked for fat bankers who wanted to get back into shape, and we got 63 of them. These were whittled down to 22, and now, after a vote-off in which over 10,000 people took part, we're down to just two.
Flashing stress alerts not seen since the run up to the Lehman Brothers crisis.
Morgan Stanley has named Ben Huneke head of investment solutions on Thursday, a day after announcing the departure of Raj Dhanda.
Would you agree to be tasered for $5,000 ? Well, Keryn Limmer, a trader at hedge fund Galleon Group was once up for the challenge.
Royal Bank of Scotland is hiring three traders to target Europe’s booming financial-debt credit market, a focus of growth at a firm that’s cutting about 100 jobs from its investment-banking business.
Swiss private bank Julius Baer plans to cut between 660 and 880 jobs at Bank of America Merrill Lynch's overseas wealth management business as the integration of the newly acquired unit gets under way, a Swiss newspaper said on Sunday.
Shares in Deutsche Bank, Germany’s largest bank, took a dive after news that the institution faces a $14bn (£10.5bn) charge over mis-selling mortgage securities in the US.
Most banks fight tooth and nail to hang onto clients, but one industry player has a very good reason for telling a certain group of customers they need to find somewhere else.
At an English country mansion last month, lawyers for Royal Bank of Scotland (RBS) sat down with representatives of angry shareholders to broker an end to what may end up being the costliest case in British legal history.