Ross Mcewan


RBS heads for full 10 years without a profit

Royal Bank of Scotland has reported three consecutive quarters of profits but says it is on track to report its 10th consecutive full-year loss as a result of a US penalty over toxic bond mis-selling that dates back to before the banking crisis.

Sky News - RBS CEO will see max payout slashed

RBS building

The CEO of Royal Bank of Scotland (RBS) is to see his maximum pay pot slashed under plans being drawn up by its remuneration committee, reflecting directors' conviction that the lender will remain in majority taxpayer ownership for years to come.