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Stock Market & Financial Investment News

News Breaks
June 4, 2014
07:25 EDTLYG, RBSRBS follows Lloyds, to limit large mortgage loans in U.K., Daily Mail says
In an apparent reversal, Royal Bank of Scotland (RBS) confirmed that it will put limits on mortgage loans of over GBP500K and stop making loans with terms greater than 30 years in the United Kingdom, following in the steps of Lloyds Banking (LYG), which introduced similar curbs two weeks ago, reported The Daily Mail. Reference Link
News For RBS;LYG From The Last 14 Days
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July 6, 2015
08:58 EDTRBSU.K. plans to sell half of RBS stake in two years, Reuters reports
The U.K. government plans to sell half of its stake in the Royal Bank of Scotland (RBS), worth $25B, within the next two years of a possible first sale in September, Reuters reports, citing people with knowledge of government thinking. Reference Link
July 2, 2015
18:02 EDTRBSRBS to potentially face $13B judgment in subprime mortgage case, FT says
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12:22 EDTRBSBrazil investigates banks for exchange rate manipulation
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08:14 EDTRBSRBS announces BNP Paribas as referral bank for GTS customers
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