Shares in RBS and Lloyds fell today as Moody's downgraded the senior debt and deposit ratings of 12 UK financial institutions, and said it expects the government will allow some smaller institutions to fail.
RBS has added five emerging and frontier markets funds to its range of Market Access ETFs, listed in on the Deutsche Bӧrse in Frankfurt.
NatWest International Personal Banking (IPB) has launched the 8th Navigator International account, designed to capture growth in bull and bear markets.
ETFM provides a roundup of some of this week's ETF and indexing news.
RBS has launched the world's first ETF that tracks an index exclusively made up of Commodity Trading Adviser (CTA) managers.
(Updated 2:30pm) Banks are continuing to take the brunt of the latest market sell-off as fresh fears of a European banking crisis emerged on Monday.
RBS, HSBC and Barclays ignored warnings from third party advisers before selling on billions of dollars of toxic mortgage debt to Fannie Mae and Freddie Mac in the lead-up to the financial crisis, court papers have alleged.
It is perhaps not a little ironic that on the eve of deadline day for three major banking groups to resolve their pre-judicial review payment protection insurance (PPI) complaints, another possible ‘protection' mis-selling scandal is uncovered.
Sir Fred Goodwin was a ‘dreadful' and menacing boss who flew into rages if the wrong biscuit was served in the boardroom, reveals a book chronicling his downfall.
Remuneration deals for thousands of staff at part-nationalised lender Royal Bank of Scotland have been revealed after a gaffe from a recruitment agency.