The Royal Bank of Scotland Group plc

People walk past a branch of the Royal Bank of Scotland (RBS) in central London
Between the RBS technical fiasco and the Barclays interest rates scandal it has not been a good week for Britain's banks
The state-rescued bank has been forced to extend opening hours to battle a backlog in client transactions
RBS has been battling to clear a huge backlog of transactions after a failed update to its software last week
People walk past a branch of the Royal Bank of Scotland (RBS) in central London
Software problems that left customers at the bank and at RBS-owned lenders NatWest and Ulster Bank unable to pay bills
The Ulster Bank headquarters in Belfast
People walk past a branch of the Royal Bank of Scotland (RBS) in central London
Software problems that left customers at the bank and at RBS-owned lenders NatWest and Ulster Bank unable to pay bills
A Natwest branch in London
RBS has axed more than 35,000 jobs since the 2008 financial crisis
People walk past a branch of the Royal Bank of Scotland in central London
Stephen Hester
The FTSE 100 index eased 13.55 points or 0.24 percent to 5,753.00 at 8.36 am.
RBS posted a 2011 first quarter net loss of £528 million
Shares in RBS topped the FTSE blue-chip gainers Tuesday, ending 3.32 percent higher
The British government is in discussions to sell up to a third of its stake in the state-rescued RBS to Abu Dhabi
Royal Bank of Scotland will sell some of its private banking business to Royal Bank of Canada
Barclays, Lloyds and RBS will participate in the scheme, but HSBC will not
The Royal Bank of Scotland building in London. The bank's shares climbed today after a broker upgraded the stock

European equities stage rebound

Most European stock markets rebounded on Wednesday following two days of losses caused by Cyprus' bailout drama.
 

London shares fall

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

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

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

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

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

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

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

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

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

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

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

London shares opened flat on Friday as state-rescued Lloyds Bank announced continuing losses.
 

London shares rebound

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

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

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

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

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

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

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.