RBS

The chairman of UK Financial Investments, the body responsible for the government's stake in Royal Bank of Scotland (RBS) and Lloyds Banking Group, has warned that RBS could face further fines from regulators over sales linked to the US sub-prime mortgage...

The Financial Conduct Authority (FCA) has written to banks urging them to speed up their review of how interest rate hedging products were sold.

Royal Bank of Scotland today reported a loss of £634m before tax in the third quarter, undershooting estimates by some way, while it also announced plans to create an "internal" bad bank to run down its book of bad loans.

Two traders working at Royal Bank of Scotland (RBS) have been suspended in connection with an investigation surrounding the possible manipulation of foreign exchange (forex) rates, according to reports.

The Chancellor looks set to decide the future of the taxpayer-backed lender this week following a government-commissioned review of the business.

Shares in the Royal Bank of Scotland have slumped in morning trading after Chancellor George Osborne said a break-up of the semi state-owned lender could take place "within weeks".

Mortgage advisers are reporting a rise in Help to Buy enquiries, despite the fact they are unable to places cases yet.

The government's popular Help to Buy mortgage scheme could threaten financial stability if it is mismanaged, a group of MPs has warned.

FIVE THINGS

The Treasury has applied for European Union (EU) approval to split up Royal Bank of Scotland (RBS), to smooth the process of carving up the state-owned lender.