Category: Royal Bank of Scotland

RBS axes 259 branches in online shift

Author: webeditor

Royal Bank of Scotland is to close a quarter of its branch network and axe nearly 700 jobs in a move that unions claim could signal the end of face to face banking. The decision by the state-backed lender will... Read more

File photo dated 03/04/13 of a branch of the Royal Bank of Scotland which has posted its third consecutive quarter in the black after swinging to a third quarter profit. PRESS ASSOCIATION Photo. Issue date: Friday October 27, 2017. The bank, which is still 72% owned by the taxpayer, recorded a £392 million profit for the three months to September 30, which compares with a £469 million loss in the same period last year. See PA story CITY RBS. Photo credit should read: Philip Toscano/PA Wire

RBS posts third consecutive quarterly profit

Author: webeditor

Royal Bank of Scotland (RBS) has posted its third consecutive quarter in the black after swinging to a third quarter profit. The bank, which is still 72% owned by the taxpayer, recorded a £392 million profit for the three months... Read more

File photo dated 03/04/13 of a branch of the Royal Bank of Scotland as an influential committee of MPs is ramping up pressure on Britain's financial watchdog to publish details of misconduct at Royal Bank of Scotland and has threatened to use "formal powers" to demand publication of a leaked report. PRESS ASSOCIATION Photo. Issue date: Friday October 13, 2017. Nicky Morgan, chair of the Treasury Select Committee, has written to Financial Conduct Authority (FCA) chief executive Andrew Bailey proposing to appoint Andrew Green QC as an independent legal adviser to compare the regulator's impending summary with the underlying report into the scandal at RBS's controversial restructuring unit. See PA story CITY RBS. Photo credit should read: Philip Toscano/PA Wire

Treasury Committee threatens FCA in battle over RBS report

Author: webeditor

An influential committee of MPs is ramping up pressure on Britain’s financial watchdog to publish details of misconduct at Royal Bank of Scotland and has threatened to use “formal powers” to demand publication of a leaked report. Nicky Morgan, chair... Read more

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