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Stock Market & Financial Investment News

News Breaks
February 3, 2014
06:15 EDTRBSRBS set to overhaul management team, Financial Times reports
The Royal Bank of Scotland is planning to overhaul the top management team as part of a broad restructuring, reports the Financial Times. According to people familiar with his plans, CEO Ross McEwan expects to appoint Les Matheson to the permanent role of head of the retail business and hopes to name a new finance director as early as this month to replace Nathan Bostock. 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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