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, Jan 19, 03:27 UTC

Latest LON100:RBS News

Filter your feed

Apply Filter

Today


News

Royal Bank of Scotland Group (RBS) Stock Rating Upgraded by Morgan Stanley – StockNewsTimes

RBS RBS

Morgan Stanley upgraded shares of Royal Bank of Scotland Group (LON:RBS) from an equal rating to an overweight rating in a report released on Wednesday, January 10th, MarketBeat. Berenberg Bank reaffirmed a buy rating and set a GBX 275 ($3.73) target price on shares of Royal Bank of Scotland Group in a report on Thursday, September 28th. Shore Capital reiterated a hold rating on shares of Royal Bank of Scotland Group in a research report on Friday, October 27th. Royal Bank of Scotland Group presently has an average rating of Hold and an average target price of GBX 274.50 ($3.72).

Read Full Details

Topics:
  • Business
  • Financial

Yesterday


News

British lawmaker points to Santander UK chief in scandal over RBS restructuring unit

RBS SAN

L - news) at the centre of a growing political storm over the Royal Bank of Scotland (LSE: RBS. Cable said the full report concluded that RBS management "knew, or should have known", that GRG's mistreatment of customers was an "intended, co-ordinated strategy". A group of 500 small businesses affected by GRG called on the FCA and Bostock to clarify his involvement with the problems at the unit, its spokesman said in a statement. RBS has set aside 400 million pounds ($555 million) to cover the bill for claims against it over the actions of GRG, and it has acknowledged some bad practice at the unit.

Read Full Details

Topics:
  • Business
  • Financial
News

Vince Cable 'disgusted' with FCA over RBS mistreatment of small firms

RBS

Vince Cable has attacked the City watchdog for failing to publish a full report into the mistreatment of small businesses by the Royal Bank of Scotland, as MPs lined-up to condemn the bank in parliament. The FCA published most of its report into RBS’s global restructuring group (GRG), which is alleged to have driven small firms to the wall in pursuit of profit, but left out a section about the bank’s management team. ” sent to GRG staff in 2009 and released by the bank to MPs. It’s time the government – the majority shareholder in the bank – sat up and listened.

Read Full Details

Topics:
  • Business
  • Politics
  • Financial
  • News
News

Pinnacle Associates LTD Has Upped Seagate Technology Plc (STX) Stake; Royal Bank Of Scotland Group Plc Lowered Its Southwest Airls Co (LUV) Stake - Norman Observer

RBS STX +1 more RBS STX RBS

Royal Bank Of Scotland Group Plc sold 36,064 shares as Southwest Airls Co (LUV)’s stock rose 1.26%. Royal Bank Of Scotland Group Plc Lowered Its Southwest Airls Co (LUV) Stake. Moreover, Bnp Paribas Asset Holdings has 0.11% invested in Seagate Technology plc (NASDAQ:STX) for 376,572 shares. Scotia holds 0.01% of its portfolio in Seagate Technology plc (NASDAQ:STX) for 20,230 shares.

Read Full Details

Topics:
  • Business
  • Financial
News

Wrongdoing by RBS restructuring unit ‘driven from the top’, says victims group

RBS

Hi °C | Lo °C | WEATHER. Wrongdoing by RBS restructuring unit ‘driven from the top’, says victims group. RGL Management claims that mistreatment of business customers was an “RBS policy driven from the top”.

Read Full Details

Topics:
  • Business
  • Financial
  • Science
News

'Let them hang themselves' Banker bosses' shocking advice to staff dealing with broke RBS customers - Mirro...

RBS RBS

'Let them hang themselves' RBS bosses' shocking advice to staff dealing with skint customers. 06:00, 18 Jan 2018Updated21:47, 17 Jan 2018. Callous RBS bosses told managers to let struggling business customers “hang themselves” when in financial difficulty. “GRG has been responsible for a massive attack on the small business community in Scotland and the UK. He has been a constant critic of the tactics employed by GRG to supposedly help small businesses turn themselves around.

Read Full Details

Topics:
  • Business
  • Financial

Wednesday, January 17


News

'Just Hit Budget!' bankers at RBS restructuring unit told during crisis - memo

RBS

The release of the 2008 document by the British Parliament's Treasury Select Committee (TSC (Shenzhen: 000877.SZ - news) ) comes ahead of a debate by lawmakers on Thursday on the treatment of small business customers by the bank's Global Restructuring Group (GRG). L - news) staff helping small firms to restructure debt during the financial crisis were given a list of ways to squeeze more money from struggling clients and told to "Just Hit Budget! " The memo's release comes just days after British outsourcer Carillion (Frankfurt: 924047 - news) , was forced into bankruptcy after failing to agree a debt deal with lenders including RBS, which court documents showed had demanded even tougher terms before the collapse. McEwan, in a written response to TSC Chairman Nicky Morgan, said the memo was never part of RBS's policy and had only ever been circulated within one regional office, as well as two GRG offices.

Read Full Details

Topics:
  • Business
  • Financial
News

RBS boss to appear in front of MPs after staff told to let clients hang themselves

RBS

Hi °C | Lo °C | WEATHER. RBS boss to appear in front of MPs after staff told to let clients hang themselves. “Sometimes you need to let customers hang themselves. ”.

Read Full Details

Topics:
  • Business
  • Financial
  • Science
  • Politics
News

RBS boss to appear in front of MPs amid small business unit scandal

RBS

Hi °C | Lo °C | WEATHER. RBS boss to appear in front of MPs amid small business unit scandal. Chief executive Ross McEwan will appear alongside chairman Sir Howard Davies on January 30 for a grilling.

Read Full Details

Topics:
  • Business
  • Politics
  • Financial
News

RBS refuses to reconsider branch closures

RBS

We use cookies to give you the best experience on our website and bring you more relevant advertising. Learn more about cookiesOK. RBS defends plans to close 62 branches in Scotland (Philip Toscano/PA). RBS refuses to reconsider branch closures.

Read Full Details

Topics:
  • Business
  • Financial
  • Science