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Royal Bank of Scotland to cut 1,400 jobs in UKRoyal Bank of Scotland will cut 1,400 jobs over the next two years in a restructuring of its retail head office in Britain, the part-nationalised bank said on Thursday. In a statement, the chief executive of RBS's UK retail bu More… |
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RBS joins DME as clearing memberRBS Securities, a US registered broker-dealer and an indirect wholly-owned subsidiary of The Royal Bank of Scotland, has become a clearing member of DME, the Middle East’s premier international energy futures and commodities exchange. More… |
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RBS facing fines over interest rate scamRoyal Bank of Scotland (RBS) is facing the increasing likelihood of having to settle separately with UK and US authorities investigating its involvement in the global interest rate-setting scandal, the Sunday Telegraph said. The B More… |
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RBS tries to find fresh suitors for branch networkRoyal Bank of Scotland has sent sales documents to prospective buyers of the branches it is being forced to sell, in the hope it can draw up a shortlist next month, sources said. Information was despatched this week to trade buyer More… |
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RBS unit opens office in DubaiCoutts, the wealth division of Royal Bank of Scotland Group, has announced the official opening of its new premises in the Dubai International Financial Centre (DIFC) as part of its regional expansion strategy. A London-based inte More… |
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RBS to sell key insurance unitState-backed Royal Bank of Scotland (RBS) is to press ahead with the forced sale of its Direct Line insurance division in what could be the biggest listing on the London Stock Exchange for more than a year. RBS, majority-owned by More… |
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RBS, others quit Dubai Group debt talksRoyal Bank of Scotland and two other banks have abandoned talks on restructuring Dubai Group's $10 billion debt and threatened to bring unprecedented legal action against the investment vehicle of Dubai's ruler, sources close to the matter More… |
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RBS faces fine as Barclays boss stays defiantRoyal Bank of Scotland could face about GBP150 million ($233 million) in fines from the same interest rate rigging scandal that has hammered Barclays this week and left its boss Bob Diamond fighting for his job. Taxpayer-backed RBS is set More… |
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RBS says on recovery path as Q1 profit aheadState-backed Royal Bank of Scotland (RBS) said it was on the path to recovery as it reported a better-than-expected first-quarter operating profit and a big reduction in its balance sheet. RBS, which is 82 per cent owned by the UK governme More… |
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UK 'in talks to sell RBS stake to Abu Dhabi'Britain has held talks to sell part of its stake in Royal Bank of Scotland to Abu Dhabi investors although a multibillion-pound deal is not imminent, people familiar with the matter said. Britain could sell as much as a third of RBS to Abu More… |
