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Stock Market & Financial Investment News

News Breaks
February 4, 2013
06:23 EDTRBSRBS says CEO Hester to stay 'well into' 2014, Independent reports
RBS (RBS) Chairman Sir Philip Hampton has privately pledged that CEO Stephen Hester will stay at the helm of the bank "well into" 2014, the Independent reports. Investors had been concerned that Hester could leave the bank before the sale of the taxpayers' 82% stake in the bank. Reference Link
News For RBS From The Last 14 Days
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August 18, 2014
09:20 EDTRBSDeutsche Bank appoints Shannon Americas Chief Information Officer
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August 12, 2014
06:42 EDTRBSRBS confirms possible Coutts sale, Reuters says
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August 11, 2014
07:26 EDTRBSRBS Libor probe to extend as SFO weighs charges against traders, FT says
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06:30 EDTRBSRBS plans to sell international arm of Coutts, Reuters reports
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August 8, 2014
10:15 EDTRBSRoyal Bank of Scotland winding down Global Restructuring Group, FT reports
Royal Bank of Scotland is set to wind down Global Restructuring Group, its restructuring unit which is under investigation over allegations it profited from "the financial distress of companies it was meant to help," the Financial Times reports, citing an internal memo. GRG head Derek Sach and Aubrey Adams, the head of property at the unit, will leave the bank in March 2015. Reference Link
06:18 EDTRBSRoyal Bank of Scotland's Hampton leads race to become new GSK chair, FT reports
Royal Bank of Scotland (RBS) Chairman Philip Hampton is the frontrunner to succeed Christopher Gent as chairman of GlaxoSmithKline (GSK), the Financial Times reports, citing sources. Gent will step down from his role at GSK next year. Hampton is not expected to step down from RBS until after May's general election, the sources say. Reference Link

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