RBS

The Royal Bank of Scotland is to cut 618 roles within its financial advice arm as a result of the retail distribution review (RDR).

Business secretary Vince Cable is to take action against Fred Goodwin and a small number of other former Royal Bank of Scotland (RBS) directors over the bank's collapse.

Royal Bank of Scotland (RBS) has told staff they will have to work longer and contribute 5% of salary to their final salary pension.

Meteor has appointed former RBS man David Stuff as managing director of Meteor Investment Solutions (MIS) as it looks to widen the distribution of listed structured products.

The country's banks are sitting on £40bn of undeclared losses that are stopping them lending to business and households, analysis has found.

Shareholders in Royal Bank of Scotland(RBS) will never recover the money they lost after the lender's collapse more than three years ago, according to the bank's chairman.

SOCIAL MEDIA

Part-nationalised lender Royal Bank of Scotland (RBS) is to repay the final tranche of the £163bn in emergency loans during the financial crisis and will resume paying dividends on its preference shares.

RBS has revised its Bank of England forecasts, scrapping its prediction of further QE and forecasting an initial hike in UK interest rates in the second quarter of next year.

RBS chief Stephen Hester has said it was "uncomfortable" to work at the bailed-out bank whilst suggesting the Government's 82% stake in the bank was slowing down its recovery.