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Stock Market & Financial Investment News

News Breaks
March 25, 2013
06:17 EDTSAN, RBSRBS receives five bids for 318 branches, Daily Mail reports
Royal Bank of Scotland (RBS) has received five bids for the 318 branches that are up for sale following the collapse last year of a deal with Santander (SAN) for the branches, the Daily Mail reports. RBS received bids in the region of GBP1B from Virgin Money and a consortium headed by former Tesco finance chief Andrew Higginson, as well as private equity bidders. Reference Link
News For RBS;SAN From The Last 14 Days
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April 15, 2015
06:41 EDTRBS, SANECB authorizes new emergency funding for Greek banks, Reuters reports
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April 13, 2015
11:17 EDTRBSRBS plans to sell Luxembourg-based fund management unit, Reuters reports
Royal Bank of Scotland has appointed PricewaterhouseCoopers to advise on the sale of its Luxembourg-based fund management unit, Reuters reports. The business had $30.1B in assets under administration at the end of last year. Reference Link
April 10, 2015
06:19 EDTRBSNomura, RBS accused of 'deceit' and incompetence' in trial, Financial Times says
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April 6, 2015
06:06 EDTRBSMizuho seen hiring 130 investment bankers from RBS, FT reports
Mizuho (MFG) is reportedly set to poach 130 investment bankers from Royal Bank of Scotland's (RBS) U.S. arm, The Financial Times reports. The Japanese bank announced a deal to buy $36B of loan assets from RBS in February, and that deal is expected to close this week. Reference Link

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