Alerts in the last 24 hours

No Personalised Alerts!

To see personalised alerts you need to be logged in.

Log In

Royal Bank of Scotland Group PLC Add to portfolio

LON100:RBS, Sep 26, 09:43 UTC

Latest LON100:RBS News

Filter your feed

Apply Filter

Yesterday


News

Smaller banks will lose out as big lenders bounce back, claims RBS boss

RBS

Smaller banks will lose out as big lenders bounce back, claims RBS boss. Mr McEwan played down the threat posed by the growing band of challenger banks during a “fireside chat” at an event in the City today. The boss of the taxpayer-owned bank said small lenders would struggle as larger rivals such as RBS picked up speed after a decade of hefty restructuring and misconduct costs following the financial crisis. I think the big banks create the competition,” he told the Bank of America Merrill Lynch annual financial CEO conference.

Read Full Details

Topics:
  • Business
  • Financial

Sunday, September 23


News

Clydesdale joins race for £833m RBS fund

RBS

Clydesdale bank has joined the race for an £833m competition fund coughed up by rival Royal Bank of Scotland, with plans to bolster its business bank with 150 extra recruits. Clydesdale and Yorkshire Banking Group (CYBG) will recruit up to 100 staff to a dedicated switching service in Leeds and about 50 new business banking managers across the UK. Brussels had originally demanded RBS spin out 300 branches because the bank received a £45bn bailout during the financial crisis, but the plan proved too technically demanding. It argues it is in a better position to become an effective challenger in business banking as it has a larger share of the sector – at 3.5pc – than other eligible bidders bar Spanish giant Santander, which is controversially eligible to compete. If the bank’s takeover of Virgin Money completes as expected by the end of the year, it has committed to rolling out the brand across 80pc of the combined business within three years.

Read Full Details

Topics:
  • Business
  • Financial
  • Entertainment

Friday, September 21


In The News

Royal Bank of Scotland Group PLC (LON100:RBS) article volume is higher than usual

RBS
NatWest systems go down the day after Barclays' outage view top sourcebeta

Story Sources

v3.co.uk
News

RBS says problems with online and mobile banking have been fixed

RBS

Earlier, RBS chief executive Ross McEwan said the bank feels customers’ “pain” when problems arise with its systems – but he added that such incidents were becoming less frequent. Customers started reporting problems at around 5am on Friday and a statement issued later that morning by the bank said the issues had been resolved. A statement from RBS said: “We would like to apologise to customers who experienced issues logging into their online and mobile banking accounts this morning, this issue has now been resolved.”. Meanwhile, HSBC is carrying out routine essential maintenance this Sunday which means its mobile banking app and online banking will be unavailable for personal customers for a period in the early hours of Sunday morning.

Read Full Details

Topics:
  • Business
  • Financial
  • Science
News

UPDATE 2-Britain's RBS and Barclays criticised for online banking outages

RBS

RBS and Barclays are set to face calls from lawmakers on Britain's Treasury Select Committee to explain what caused the problems, a source familiar with the matter told Reuters on Friday, following similar inquiries into the failings at Cashplus this week. The outages come when Britain's lenders have been driving customers towards such services as the banks cull branch networks to cut costs. Royal Bank of Scotland Chief Executive Ross McEwan told LBC Radio that the outage may be related to regular changes it had made to its technology, such a change to its firewall, but the cause was not clear yet. British banks do not have long to strengthen their contingency plans for when online banking services fail.

Read Full Details

Topics:
  • Business
  • Financial
  • Science
In The News

Royal Bank of Scotland Group PLC (LON100:RBS) article volume is higher than usual

RBS
Ulster Bank says mobile banking issue has been resolved view top sourcebeta

Story Sources

irishtimes.com
News

NatWest online, app and telephone banking customers locked out of accounts

RBS

Royal Bank of Scotland has apologised after NatWest, Ulster Bank and RBS customers were locked out of online and mobile accounts. Users on Twitter began reporting issues in the early hours of Friday, saying they were unable to access the app or online banking services. RBS confirmed that customers across its three consumer brands were affected by the outage, which started at around 5am. In a statement, RBS said: “We are aware that customers are currently experiencing issues logging into their online and mobile banking accounts.

Read Full Details

Topics:
  • Business
  • Financial
  • Science
News

NatWest and RBS suffer online and mobile banking outage

RBS

NatWest and parent company Royal Bank of Scotland confirmed on Friday morning that their online and mobile banking systems were down. Customers of both banks have been unable to access their accounts since around 5am, with the apps showing an error message that states it is "unable to establish a connection", while the bank's website displays a message saying that online banking is "temporarily unavailable". The outage comes a day after Barclays' online, telephone and branch services went down for several hours. One Twitter user wrote: "Just got paid and I can’t spend any money... NatWest app is down and my card is being declined."

Read Full Details

Topics:
  • Business
  • Financial
  • Science
News

Royal Bank of Scotland hit by online banking issues

RBS RBS

FILE PHOTO: A worker cleans the glass exterior next to the logo of RBS (Royal Bank of Scotland) bank at a building in Gurugram on the outskirts of New Delhi, India, September 8, 2017. FILE PHOTO: The logo of NatWest Bank, part of the Royal Bank of Scotland group is seen outside a branch in Enfield, London Britain November 15, 2017. (Reuters) - Royal Bank of Scotland on Friday became the latest UK lender to suffer tech problems this week, saying it was working to fix issues with its online and mobile banking services. "So how do you expect me to pay my bills today when I work 9-5," Natalie Wilkinson said in a tweet to NatWest, asking other users to recommend a more reliable bank. However, RBS is the fourth financial services firm this week to suffer an outage, with Barclays, the Co-operative Bank and fintech Cashplus all apologising to their customers for disruptions to their services. As big banks close branches and customers increasingly rely on digital services to manage their finances, the consequences of technical hitches have become more severe.

Read Full Details

Topics:
  • Business
  • Financial
  • Science
News

UK's NatWest hit by online banking issues

RBS

NatWest hit by online banking issues. ReutersSeptember 21, 2018, 7:17 AM GMT. (Reuters) - NatWest on Friday said in a tweet that it was aware of "some issues on its online and mobile banking services" and is working to fix them. "Telephone banking and ATMs are available", NatWest added in the tweet https://bit.ly/2xE7uj5. Several customers took to social media to complain about the outage. What to read next.

Read Full Details

Topics:
  • Business
  • Financial
  • Entertainment
  • Science