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Stock Market & Financial Investment News

News Breaks
January 29, 2014
07:25 EDTRBSU.K. puts Royal Bank of Scotland share sale on hold, FT says
The U.K. government, which a year ago was considering the idea of handing out shares of Royal Bank of Scotland to the public before the general election in May 2015, has given up on selling any shares in the bank before the election after the bank announced an extra provision of GBP3B for litigation and compensation costs, reported Financial Times. Reference Link
News For RBS From The Last 14 Days
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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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June 22, 2015
06:45 EDTRBSRBS may ask for more time to spin off Williams & Glyn, U.K. Times reports
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06:10 EDTRBSRBS Chairman says UK banks fear block on cross-selling, Financial Times says
RBS Chairman Sir Philip Hampton has warned that British Banks fear being blocked from cross-selling products to their clients, reports the Financial Times. Hampton said UK banks had no choice but to accept the ringfencing low that forces them to hive off retail and small business operations into a separate subsidiary at arms length from other activities. Reference Link
June 19, 2015
05:54 EDTRBSRBS looks to hire banker who had worked on ABN deal, Financial Times reports
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