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NYA:RBS, Jan 21, 04:38 UTC

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Friday, January 18


News

Royal Bank of Scotland outlines plan to reduce taxpayer stake

RBS RBS

Royal Bank of Scotland outlines plan to reduce taxpayer stake. The lender has tabled a special resolution seeking permission to make off-market share purchases from the Treasury through a “directed buy-back” scheme. The lender has been exploring a share buy-back programme since last year that would aim to bring the public holding to less than 50% by the end of the current parliament. RBS said the buy-back could take place as part of a placement by the Treasury at a price determined through an open-market book-building process. Or it could happen via a bilateral deal whereby the bank buys a certain number of shares at the relevant market price agreed with Treasury, independent of any larger placement of shares by the Government.

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  • Financial

Thursday, January 17


News

Royal Bank of Scotland outlines plan to reduce taxpayer stake

RBS RBS

Royal Bank of Scotland outlines plan to reduce taxpayer stake. The lender has tabled a special resolution seeking permission to make off-market share purchases from the Treasury through a “directed buy-back” scheme. The lender has been exploring a share buy-back programme since last year that would aim to bring the public holding to less than 50% by the end of the current parliament. RBS said the buy-back could take place as part of a placement by the Treasury at a price determined through an open-market book-building process. Or it could happen via a bilateral deal whereby the bank buys a certain number of shares at the relevant market price agreed with Treasury, independent of any larger placement of shares by the Government.

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  • Financial

Saturday, January 12


News

Royal Bank of Scotland Group plc (RBS) Receives GBX 314.50 Average Price Target from Analysts – Fairfield Current

RBS RBS +1 more RBS RBS DBK

The average 12 month price objective among brokerages that have covered the stock in the last year is GBX 314.50 ($4.11). Credit Suisse Group reduced their target price on Royal Bank of Scotland Group from GBX 320 ($4.18) to GBX 300 ($3.92) and set a “neutral” rating for the company in a report on Monday, September 24th. Royal Bank of Scotland Group has a 12 month low of GBX 221.80 ($2.90) and a 12 month high of GBX 304.20 ($3.97). The Royal Bank of Scotland Group plc, together with its subsidiaries, provides banking and financial products and services to personal, commercial, corporate, and institutional customers worldwide.

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Sunday, December 23


News

Is Royal Bank of Scotland Group plc (RBS) Going to Burn These Hedge Funds?

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A whopping number of 13F filings filed with U.S. Securities and Exchange Commission has been processed by Insider Monkey so that individual investors can look at the overall hedge fund sentiment towards the stocks included in their watchlists. Our calculations also showed that RBS isn't among the 30 most popular stocks among hedge funds. At the moment there are numerous indicators stock traders employ to grade publicly traded companies. Some of the less utilized indicators are hedge fund and insider trading moves. These stocks are Kinder Morgan Inc (NYSE:KMI), Waste Management, Inc. (NYSE:WM), Barclays PLC (NYSE:BCS), and Credit Suisse Group AG (NYSE:CS).

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Friday, December 21


News

UK banking set to remain challenging in 2019

RBS RBS +1 more RBS RBS GBPUSD

Compared to previous years, 2017 was fairly steady for the UK banking sector despite increasing concerns about a rise in consumer credit, the effect of low interest rates, as well as the emergence of further legacy issues for Royal Bank of Scotland. When we looked ahead to 2018 a year ago, it was always optimistic to assume that we’d see similar outperformance from a sector that was always going to be vulnerable to Brexit concerns, a possible slowing of the global economy and yield curve differentials that were always likely to struggle to move higher against a weak interest rate outlook. One of the things that has held UK bank share performance back has been the insistence of the Bank of England that they hold more regulatory capital in respect of recent rises in consumer credit, particularly in car loans and credit card debt, as well as making sure they have adequate buffers for a disruptive Brexit. While the UK economy has slowed quite a bit from the levels we saw in 2016, it hasn’t done anywhere near as badly as many forecasters predicted. What appears to have held the banks back is the continuing uncertainty over the Brexit negotiations which has seen this progress stall and go into reverse, as can be seen from this year’s price performance in contrast to 2017 when only Barclays share price underperformed, declining over 10%. Judging by the performance year-to-date, you’d be forgiven for thinking that the banks have had a bad year for profitability, and in some areas you would probably be correct. However, in terms of market volatility and business activity, 2018 hasn’t been that bad a year. The bank also announced that it would pay an interim dividend of 2p a share, a welcome payback for the UK government of about £150m, given that it is the majority shareholder at 62%.

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Sunday, December 16


News

Royal Bank of Scotland Group PLC Sells 22,364 Shares of ConocoPhillips (COP) – Fairfield Current

RBS RBS +2 more RBS RBS COP FDX

Royal Bank of Scotland Group PLC reduced its stake in ConocoPhillips (NYSE:COP) by 5.6% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. Lucia Wealth Services LLC now owns 2,251 shares of the energy producer’s stock worth $157,000 after buying an additional 1,900 shares during the period. Zacks Investment Research raised shares of ConocoPhillips from a “hold” rating to a “buy” rating and set a $88.00 price objective for the company in a report on Monday, October 8th. The stock had a trading volume of 6,411,431 shares, compared to its average volume of 6,133,483.

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News

Royal Bank of Scotland Group PLC Reduces Stake in Estee Lauder Companies Inc (EL) – PressOracle

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Royal Bank of Scotland Group PLC decreased its position in Estee Lauder Companies Inc (NYSE:EL) by 5.3% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. Credit Suisse Group lifted their price target on shares of Estee Lauder Companies from $156.00 to $165.00 and gave the stock an “outperform” rating in a report on Thursday, November 1st. Estee Lauder Companies stock traded down $4.95 during mid-day trading on Friday, reaching $135.18. The company’s stock had a trading volume of 2,376,283 shares, compared to its average volume of 2,173,743.

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  • Health

Saturday, December 15


News

Reviewing Mitsubishi UFJ Financial Group (MUFG) and Royal Bank of Scotland Group (RBSPF)

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We will compare the two companies based on the strength of their dividends, valuation, earnings, analyst recommendations, profitability, institutional ownership and risk. Royal Bank of Scotland Group does not pay a dividend. Comparatively, Royal Bank of Scotland Group has a beta of 0.97, suggesting that its share price is 3% less volatile than the S&P 500. 1.1% of Mitsubishi UFJ Financial Group shares are owned by institutional investors.

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News

Should you buy shares in Royal Mail and Royal Bank of Scotland for 2019?

RBS RBS +1 more RBS RBS RMG

Should you buy shares in Royal Mail and Royal Bank of Scotland for 2019? Fool.co.uk15 December 2018, 10:30 GMT. Sometimes it’s a good idea to look for good value in stocks that haven’t done very well on the stock market recently and Royal Mail Group (LSE: RMG) and Royal Bank of Scotland Group (LSE: RBS) both fall into that category. Meanwhile, RBS is fighting its way back from a near-death experience in the credit crunch last decade but operates in a highly cyclical sector, which means that macroeconomic factors could reverse its recovery at any time. Neither firm deserves a higher rating than it has on the stock market, in my view. Indeed, high returns on capital and robust operating margins can be a sign that a firm operates a business with a decent trading niche and strong trading economics. But you won’t find great firms like that trading on P/E ratios and dividend yields of seven or eight, so low valuations can be a sign alerting you that you could be looking at a poor quality underlying business and I think that’s what we have in Royal Mail and RBS today.

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Monday, December 10


News

SPONSORED: Royal Bank of Scotland delivering on diversity - The Courier

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In the 21st century, it should go without saying that the most successful firms are those with the most diverse workforce. But that isn’t always the case, particularly in the technology sector. While a record number of women are joining the tech sector, there is still a recognised gender imbalance at the top. Royal Bank of Scotland, which has a clear FinTech focus, aims to address that challenge with an aim to have a fully gender-balanced workforce by 2030. It makes sense that a culturally and intellectually diverse workforce is the key to a forward-thinking business as it brings different ages, backgrounds and preferences to the table to help challenge the status quo and develop new and exciting ideas. But a recent survey by Royal Bank of Scotland, published in a report entitled Scotland’s Tech Future, showed that despite technology becoming increasingly part of our daily lives, four out of 10 Scots feel there are significant barriers for women working in the technology industry. Ms Wong, who co-founded Royal Bank’s Girls Can Code employee-led network, wants to see more women in technology and agrees that inspiring future generations is the key: “One of the solutions lies in education; we need to discover how we can inspire more girls and people of different backgrounds (race, age, preferences) to enter into the world of coding.

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