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Royal Bank of Scotland Group PLC Add to portfolio

LON100:RBS, Mar 28, 09:53 UTC

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Is Barclays bank open today? Coronavirus opening hours list of closed branches

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BARCLAYS banks will mostly remain open during the coronavirus lockdown although some branches have temporarily shut. Others have reduced their operating hours to help stop the spread of COVID-19. As bank hours could change rapidly, we recommend double-checking your nearest Barclays’ opening times before making the journey down there. Barclays has 1,600 banks in the UK – check the online branch finder to find the latest information about your nearest branch. Customers should only visit the bank if they really need to and they can’t complete what they want to do online or over the phone. For those who are self-isolating or showing symptoms of coronavirus, you’ll need to wait until it’s safe for you to go out again. Get Britain’s best-selling newspaper delivered to your smartphone or tablet each day – find out more. What time are Barclays banks open?

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Tuesday, March 24


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The Zacks Analyst Blog Highlights: Royal Bank of Scotland, Barclays, HSBC, Lloyds Banking and Standard Chartered

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Stocks recently featured in the blog include: Royal Bank of Scotland RBS, Barclays BCS, HSBC Holdings HSBC, Lloyds Banking Group LYG and Standard Chartered SCBFF. In its latest move, the Bank of England (“BoE”) canceled the 2020 annual stress test of eight major U.K. banks and building societies. “These measures will provide flexibility to help firms and FMIs maintain their safety and soundness and deliver the critical functions they provide to the economy,” the central bank said. Some other steps taken by the BoE to free firms from operational burdens amid the virus spread is the delay of a planned survey, which was to be conducted into 300 open-ended funds. Heightened fears over a recession and a global economic slowdown will likely have an adverse impact on the performance of banks as it will lead to an unimpressive lending scenario, owing to reduced business activities. However, per the resultsof the laststress test, the U.K. banking system showed lenders to be “resilient to deep simultaneous recessions in the U.K. and global economies that are more severe overall than the global financial crisis, combined with large falls in asset prices and a separate stress of misconduct costs.”.

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Tuesday, March 17


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Coutts border crossing preparing for spring influx

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The Canada Border Services Agency (CBSA) is advising travellers of the possibility for higher-than-usual traffic volumes expected at southern Alberta land crossings, including Coutts, over the next several weeks. Canadians returning from abroad due to COVID-19 (coronavirus) advisories, along with the seasonal return of Canadian snowbirds from the United States, may contribute to lineups at the border. plan their border crossing by checking the hours and services offered by CBSA offices in southern Alberta (the Coutts border crossing, which is open 24-7, has the greatest processing capacity during peak travel times);. To protect Canadians from COVID-19, the CBSA is asking that travellers returning to Canada isolate themselves from others for 14 days upon re-entry, and as quickly as possible. When crossing the border, tell a CBSA officer if you have a fever, a cough, or difficulty breathing. If you develop these symptoms within the 14 days of your arrival in Canada, contact your provincial health authority or health care provider and advise them of your travel history.

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Thursday, March 12


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Hedge Funds Don’t Like The Royal Bank of Scotland Group plc (RBS) At All

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We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 months. Our research has shown that hedge funds' small-cap stock picks managed to beat the market by double digits annually between 1999 and 2016, but the margin of outperformance has been declining in recent years. On the other hand, there were a total of 3 hedge funds with a bullish position in RBS a year ago. So, let's review which hedge funds were among the top holders of the stock and which hedge funds were making big moves. When looking at the institutional investors followed by Insider Monkey, Renaissance Technologies, holds the number one position in The Royal Bank of Scotland Group plc (NYSE:RBS). Unfortunately RBS wasn't nearly as popular as these 20 stocks (hedge fund sentiment was quite bearish); RBS investors were disappointed as the stock returned -44.9% during the same time period and underperformed the market. If you are interested in investing in large cap stocks with huge upside potential, you should check out the top 20 most popular stocks among hedge funds as most of these stocks already outperformed the market in Q1.

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Wednesday, March 11


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UK taxpayers forecast to make £32.1 billion loss on RBS privatisation

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Visit our Privacy Policy to learn more or manage your personal preferences in our Cookie Consent Tool. (Reuters) - British taxpayers are forecast to make a 32.1 billion pound loss on the long-delayed privatisation of state-backed lender Royal Bank of Scotland (RBS.L), according to an updated official forecast on Wednesday. The loss estimate – published by the Office for Budget Responsibility alongside the first budget from Boris Johnson's government – has increased from a previous forecast of 31 billion pounds made in March last year. The government has offloaded RBS stock twice before, but has not sold any shares since June 2018 amid market turmoil exacerbated by Brexit uncertainty and more recently fears over the economic impact of the coronavirus outbreak.

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Tuesday, March 10


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Coronavirus: RBS and NatWest customers could see mortgage payments deferred

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RBS/NatWest said customers’ situations will be looked at on a “case-by-case” basis and various potential options will be matched to them. While there is no single “blanket provision”, the help that customers could be offered if their finances are in difficulty includes requesting mortgage and loan repayment deferrals for up to three months. Customers hit by coronavirus could also apply for increased temporary credit card limit and may be able to close fixed savings accounts to access cash with no early closure charge. “We have a strong track record in working with our customers who are affected by disruption outside of their control. A Santander spokeswoman said: “Santander has a team of experts on hand to support customers who have been impacted by the coronavirus.

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News

Royal Bank of Scotland defers mortgage payments for customers hit by coronavirus

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The Royal Bank of Scotland has vowed to defer mortgage and loan repayments for up to three months for customers affected by the coronavirus outbreak. RBS says it will also waive early closure charges on fixed savings accounts and provide refunds on credit card cash advance fees to help affected customers access much needed funds. The bank has followed the lead of the Italian government, who said it will suspend mortgage repayments and other household bills across the nation as the whole country is put on lockdown. Share this with Share this article via emailCreated with Sketch.Share this article via messengerShare this article via smsShare this article via flipboard More trending stories ».

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Monday, March 09


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NatWest offers loan repayment holidays to coronavirus-hit businesses

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NatWest offers loan repayment holidays to coronavirus-hit businesses | NASDAQ. LONDON, March 9 (Reuters) - British bank NatWest has begun offering payment holidays and temporary emergency loans to businesses impacted by the coronavirus outbreak. NatWest, part of Royal Bank of Scotland RBS.L, also said it was setting aside 5 billion pounds ($6.54 billion) of additional support for affected companies. State-backed NatWest has added the extra cash to an existing 6 billion pound fund set up to help prepare firms for any negative fallout from Brexit and also to support high-growth small businesses. While the pot has been topped up multiple times for different reasons, this week marks the first time that NatWest is offering repayment holidays and temporary emergency loans with no fees.

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Wednesday, March 04


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Supply chain finance needed to help firms amid Covid-19, says new Bank boss

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Incoming Bank of England governor Andrew Bailey has said emergency supply chain finance is likely to be needed to help support firms struggling with the impact of Covid-19. Mr Bailey, who is currently chief executive at the Financial Conduct Authority (FCA), told MPs on the Treasury Select Committee that the Bank and the Treasury were set to need to collectively step in and help provide this financing, potentially imminently. He said: “It’s reasonable to expect we are going to collectively have to supply some supply chain finance in the not too distant future to ensure the shocks from the virus are not damaging to many firms … in particular to small firms. In an at times uncomfortable hearing, MPs also questioned Mr Bailey over his tenure at the FCA after campaigners led by businesswoman Gina Miller recently called for a review into his appointment at the Bank after accusing him of a “toxic cocktail of negligence, incompetence and indifference” at the City watchdog.

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Tuesday, February 25


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DGHP agrees £35m RBS deal to support major homes investment - Scottish Construction Now

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DGHP agrees £35m RBS deal to support major homes investmentPublished 25 February 2020. Dumfries and Galloway Housing Partnership (DGHP) has followed up on a £114 million investment deal with M&G Investments with the announcement of £35m of private investment to support a programme of house building and improvements. Bill Robertson, chair of DGHP, said: “We are already beginning to see the benefits of joining Wheatley Group with plans progressing to start work on hundreds of new homes across our communities, accelerate improvements to our existing homes and introduce new and improved services. Alan Newlands, associate director, housing finance, real estate finance for Royal Bank of Scotland, said: “This is a crucial and exciting project for Dumfries and Galloway Housing Partnership and Wheatley Housing Group and one which will make a significant and positive impact for people, communities and towns across the Dumfries and Galloway region.

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