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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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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

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