The Royal Bank of Scotland Group plc
European equities stage rebound
Mar 20, 2013 13:27 EDT
Most European stock markets rebounded on Wednesday following two days of losses caused by Cyprus' bailout drama.
London shares fall
Mar 20, 2013 13:21 EDT
London shares closed lower on Wednesday as the government announced its intention to stick firmly to a barrage of austerity measures while unveiling the budget.
Freddie Mac sues big banks over Libor rigging
Mar 20, 2013 13:00 EDT
US government-controlled mortgage giant Freddie Mac has sued more than a dozen of the world's biggest banks over losses from the alleged rigging of the Libor interest rate.
London shares fall as Cyprus set to reject bailout
Mar 19, 2013 13:00 EDT
London shares closed lower as the 10 billion euros Cyprus bailout deal appeared headed for the rocks with MPs for the president's own party saying they wouldn't vote for it.
London shares close lower on Cyprus bailout woes
Mar 18, 2013 13:03 EDT
London shares lost ground on Monday on news that Cyprus, home to around 100,000 British people, plans to tax bank deposits as part of a controversial international bailout.
British manufacturing output slumps in January
Mar 12, 2013 07:57 EDT
Britain's manufacturing output slumped by 1.5 percent in January compared with December, official data showed on Tuesday, dealing a fresh blow to the country's hopes of avoiding a fresh recession.
RBS apologises after new system failures
Mar 07, 2013 05:47 EST
The Royal Bank of Scotland (RBS), NatWest and Bank of Ulster have apologised to millions of customers who were unable to withdraw money, make payments, or access their accounts for a short time overnight.
BoE boss urges government to break up RBS
Mar 06, 2013 13:14 EST
Bank of England governor Mervyn King said Wednesday that the British government should split the Royal Bank of Scotland into "good" and "bad" bank divisions to return it more quickly to the private sector.
European stocks drop after US axes spending
Mar 04, 2013 08:01 EST
European stock markets sank on Monday, mirroring Asian equities, after US lawmakers failed to prevent $85 billion in spending cuts that were implemented late last week in the world's biggest economy.
Lloyds staff get bonuses as bank's losses shrink
Mar 01, 2013 10:47 EST
Lloyds Banking Group on Friday posted annual losses of £1.43 billion, hit by huge insurance mis-selling compensation, while it awarded its boss a bonus linked to an eventual sale of the government's stake.
Lloyds bank logs losses
Mar 01, 2013 09:53 EST
Lloyds Banking Group on Friday posted annual losses of £1.43 billion, hit by huge insurance mis-selling compensation, while it awarded its boss a bonus linked to an eventual sale of the government's stake.
Lloyds bank posts 2012 losses, but awards bonuses
Mar 01, 2013 05:25 EST
Britain's state-rescued Lloyds bank on Friday posted a 2012 net loss of £1.43 billion, rocked by huge compensation for insurance mis-selling, but awarded its boss and staff a large round of bonuses.
London shares open flat as Lloyds posts losses
Mar 01, 2013 03:45 EST
London shares opened flat on Friday as state-rescued Lloyds Bank announced continuing losses.
London shares rebound
Feb 28, 2013 13:31 EST
London shares inched up on Thursday as dealers focused on upbeat jobs data in the United States, dealers said.
EU to cap banker bonuses, tighten regulation
Feb 28, 2013 12:30 EST
The European Union has agreed new rules that will cap bankers' bonuses, blamed by critics for helping to drive the global financial crisis but also defended as crucial for the smooth working of the banking system.
Royal Bank of Scotland net loss triples to £6 bn
Feb 28, 2013 09:47 EST
Britain's bailed-out Royal Bank of Scotland on Thursday posted its fifth straight annual loss for 2012, when it was hit by a string of scandals, but added that its boss would still take a deferred bonus.
London shares rise as BA owner's shares jump
Feb 28, 2013 03:41 EST
London shares opened higher on Thursday following a strong lead from Wall Street and helped by strong results from the owner of British Airways, dealers said.
London shares close lower on Italy impasse
Feb 26, 2013 12:33 EST
London shares closed lower on Tuesday as dealers assessed the fallout of Italy's political impasse after elections in the indebted eurozone country.
London shares rise as weaker pound tempts buyers
Feb 25, 2013 12:34 EST
London shares closed higher on Monday as the pound plunged against the dollar and euro in the wake of Moody's credit downgrade, making UK shares cheaper for overseas investors.
Treasury considers RBS share give-away: reports
Feb 16, 2013 00:21 EST
The Treasury insisted Saturday it would dispose of its majority stake in the Royal Bank of Scotland "at the appropriate moment" amid reports ministers were considering a share giveaway.
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 |
