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Stock Market & Financial Investment News

News Breaks
January 3, 2014
07:57 EDTRBSRBS, Cottle, settle lawsuit over bonus, Telegraph reports
A lawsuit between Royal Bank of Scotland and Gary Cottle, the former head of risk in the investment banking unit, has been settled, the Telegraph reports. RBS had asked a court to block a GBP700,000 bonus awarded to Cottle before his dismissal, arguing that the former executive did not "deserve" the final portion of his bonus because he refused to accept an alternative role when his unit was restructured in 2011. Terms of the settlement have not been disclosed. Reference Link
News For RBS From The Last 14 Days
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September 3, 2015
09:11 EDTRBSEurope has to wait at least five years before bank consolidation, Reuters says
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September 2, 2015
10:00 EDTRBSOn The Fly: Analyst Upgrade Summary
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06:39 EDTRBSRBS upgraded to Hold from Sell at Societe Generale
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August 31, 2015
06:10 EDTRBSBanks lobby EU over privacy rules overhaul, FT reports
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August 27, 2015
18:02 EDTRBSU.S. may prohibit Deutsche Bank, others from managing pensions, Bloomberg says
In correspondence dated mid-July, the U.S. Labor Department tentatively rejected requests from Deutsche Bank (DB), UBS (UBS), RBS (RBS) to manage U.S. pension funds, reports Bloomberg, citing letters between the organizations. Bloomberg notes that the Department could use the "threat of denial" to mandate stricter conditions on pension management. Reference Link
August 26, 2015
10:00 EDTRBSOn The Fly: Analyst Upgrade Summary
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07:19 EDTRBSRBS upgraded to Overweight from Equal Weight at Morgan Stanley
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