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RBS

Equities

Time to buy long/short funds as earnings misses cause 'brutal' falls?

Fund buyers are increasing their exposure to absolute return equity funds to take advantage of sharp falls by companies which miss earnings estimates.

clock 04 March 2014 • 2 min read

Investment

Royal Bank of Scotland confirms £8bn loss for 2013

The Royal Bank of Scotland has made an £8.2bn loss in 2013, as it struggled with the burden of regulatory fines and splitting up the business.

clock 27 February 2014 •

Equities

RBS 'to cut 30,000 jobs' in restructure

Royal Bank of Scotland (RBS) is to cut 30,000 jobs as it scales back operations to become a more focused bank.

clock 21 February 2014 •

Investment

Matthews drops Buxton's 'problem' cyclicals

Philip Matthews has turned over almost half the holdings in the Schroder UK Alpha Plus fund since taking over the fund from Richard Buxton in October, IFAonline sister title Investment Week can reveal.

clock 11 February 2014 • 2 min read

Regulation

FCA appoints Promontory and Mazars to review RBS failures

The Financial Conduct Authority (FCA) has appointed consultancy Promontory Financial Group and accountancy firm Mazars to lead its skilled persons (s166) review into the failures around the Royal Bank of Scotland's (RBS) lending practices to small firms....

clock 17 January 2014 •

Regulation

FCA urges small firms to apply for rate-swap scandal compensation

The Financial Conduct Authority (FCA) is urging thousands of small firms affected by the interest rate swaps mis-selling scandal to hurry up with their compensation claims or risk missing out on money due to them.

clock 13 January 2014 •

Regulation

HSBC misses interest swap redress target as banks' payouts hit £159m

Banks' redress payments to customers embroiled in the interest rate swap mis-selling scandal surged to £158.6m in December, putting most banks on track to reach their projected review targets.

clock 10 January 2014 •

Investment

RBS settles £700k bonus battle with former risk chief

Royal Bank of Scotland (RBS) has settled lawsuits with Gary Cottle, the former head of risk at its investment banking division, over a £700,000 bonus.

clock 03 January 2014 •

Regulation

RBS clashes with Sants over rights issue lawsuit

Royal Bank of Scotland's (RBS) defence against a £4bn lawsuit from shareholders contradicts evidence given to MPs by former Financial Services Authority (FSA) boss Hector Sants, it has emerged.

clock 20 December 2013 •

Regulation

RBS fined $100m by US for Iran sanctions violations

Royal Bank of Scotland has been fined $100m (£61m) by US regulators for violating US sanctions against Iran, Sudan, Burma, and Cuba.

clock 12 December 2013 •
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