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Stock Market & Financial Investment News

News Breaks
January 29, 2014
06:03 EDTRBSRBS U.K. staff expected to receive total payouts of GBP500M, Guardian says
Despite predicted losses of GBP8B, Royal Bank of Scotland is expected to pay around GBP500M in bonuses for its U.K. staff for 2013, the Guardian reports. The bank is taking a GBP3B hit on its earnings from mis-selling scandals and legal bills in the U.S. Reference Link
News For RBS From The Last 14 Days
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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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August 18, 2015
13:09 EDTRBSRBS to sell Luxembourg fund business to Blackfin Capital, Financial Times says
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06:45 EDTRBSNine banks agree to $2B settlement for currency market rigging, FT says
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