The Royal Bank of Scotland Group plc
Court orders Fed to release bailout documents
Mar 19, 2010 17:25 EDT
NEW YORK (Reuters) - In a significant victory for news media, a federal appeals court said the Federal Reserve must disclose records on emergency lending programs to banks bailed out by the government in the financial crisis.
Court orders Fed to release bailout documents
Mar 19, 2010 17:25 EDT
NEW YORK (Reuters) - In a significant victory for news media, a federal appeals court said the Federal Reserve must disclose records on emergency lending programs to banks bailed out by the government in the financial crisis.
FTSE 100 shares rise
Mar 19, 2010 13:09 EDT
FTSE 100 shares were upbeat at the end of trade on Friday boosted by state-rescued bank Lloyds' forecast of a return to profit in 2010 after two years of losses.
British stocks get surprise Lloyds profit boost
Mar 19, 2010 12:46 EDT
Lloyds statement boosts British stocks, markets elsewhere subdued by renewed Greek fears. Britain's benchmark stock index bucked the trend and rose modestly Friday after the part-nationalized Lloyds Banking Group PLC issued a buoyant business update.
Europe's bruised economies search for way forward
Mar 19, 2010 10:57 EDT
No quick fixes as Europe's debt-heavy fringe countries seek new sources of growth. The wreckage of Spain's economic growth model stands neatly aligned on the roads leading out of Madrid ? row after row of unsold houses, windows dark, for-sale signs out front.
FTSE 100 shares in the red
Mar 18, 2010 13:09 EDT
FTSE 100 shares ended in the red at the close of trade on Thursday as investors took profits and digested economic data including a larger-than-expected eurozone trade deficit.
Teva to buy Ratiopharm for nearly $5 billion
Mar 18, 2010 07:51 EDT
FRANKFURT (Reuters) - Israel's Teva <TEVA.TA> has won the battle for German generic drugmaker Ratiopharm, paying an enterprise value of 3.625 billion euros to fix the industry leader's weakness in the world's second-largest generics market.
FTSE 100 posts solid gains
Mar 17, 2010 13:25 EDT
FTSE 100 shares posted solid gains on Wednesday as investors welcomed the US Federal Reserve's upbeat economic outlook, analysts said.
Dubai World to offer full debt repayment: report
Mar 17, 2010 04:27 EDT
DUBAI (Reuters) - Dubai World will offer banks a single proposal to repay in full the $26 billion debt it is renegotiating, with interest likely linked to LIBOR, Al Arabiya reported on Wednesday.
FTSE 100 posts solid gains
Mar 16, 2010 13:24 EDT
FTSE 100 shares posted solid gains on Tuesday ahead of a US Federal Reserve policy decision on interest rates, widely expected to remain at record lows.
RBS plans major debt restructuring: report
Mar 16, 2010 06:20 EDT
Partly-nationalised Royal Bank of Scotland is planning a major debt restructuring, the Financial Times reported on Tuesday.
RBS plans major debt restructuring: report
Mar 16, 2010 06:05 EDT
Partly-nationalised Royal Bank of Scotland is planning a major debt restructuring, the Financial Times reported on Tuesday.
Record number of Chinese unhappy over inflation
Mar 16, 2010 01:55 EDT
BEIJING (Reuters) - More than one in two Chinese savers regard the current inflation rate as unacceptable, according to a central bank survey on Tuesday that is likely to fan official concern about deteriorating inflation expectations.
Barclays targeted UBS ahead of Lehman buy: report
Mar 15, 2010 20:45 EDT
NEW YORK (Reuters) - Barclays Plc <BARC.L> considered UBS AG <UBSN.VX> its preferred merger target just weeks before it bought U.S. assets from the collapsed Lehman Brothers Holdings Inc <LEHMQ.PK>, the Financial Times said in its online edition on Monday.
FTSE shares close down
Mar 15, 2010 13:05 EDT
FTSE 100 shares slipped back Monday as a wobble in the recovery of the US industrial sector tempered investor confidence.
FTSE shares close higher
Mar 12, 2010 12:29 EST
FTSE 100 shares ended slightly higher on Friday on news that retail sales in the United States rose unexpectedly in February for the second straight month.
European stock markets gain ground
Mar 12, 2010 06:58 EST
Europe's main stock markets rose Friday as investors awaited crucial economic data and tracked US attempts to rein in the banking sector, dealers said.
Britain confronts debt of Greek proportions
Mar 10, 2010 17:46 EST
Soaring debt, a struggling economy and a looming election: is Britain facing a Greek tragedy?. Government debt is growing, as is the deficit. The economy is struggling to get out of recession and there is talk of spending cuts or higher taxes. The unions are on edge. And the currency is plummeting.
Dutch regulator fines Fortis Holding for market manipulation
Mar 10, 2010 13:29 EST
Dutch financial markets watchdog AFM said Wednesday it had fined insurance group Fortis Holding 576,000 euros (780,000 dollars) for market manipulation and withholding share price sensitive information.
FTSE 100 shares edge higher
Mar 10, 2010 12:39 EST
Leading shares closed higher on Wednesday in cautious trading as market players digested the latest batch of company results and awaited key US economic data later this week.
Facts from the Wikipedia page:
| Type | Public (LSE: RBS) (84% Owned by United Kingdom Government) |
|---|---|
| Founded | 1727 |
| Headquarters | Edinburgh, Scotland, United Kingdom |
| Key people | Philip Hampton, Chairman Stephen Hester, CEO |
| Industry | Financial services |
| Products | Finance and insurance Consumer Banking Corporate Banking Investment Banking Global Wealth Management Mortgage Credit Cards |
| Revenue | £49,522 million (2008) |
| Operating income | £(40,667 million) (2008) |
| Net income | £(24,137 million) (2008) |
| Total assets | £ 2.40 trillion (2008) |
| Employees | 170,000 (2008) [1] |
| Subsidiaries | Royal Bank of Scotland National Westminster Bank Ulster Bank Direct Line Citizens Financial Group ABN AMRO Coutts & Co. Adam and Company Child & Co. RBS Securities |
| Website | www.rbs.com |