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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
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August 28, 2014
06:35 EDTRBSEuro zone credit crunch showing signs of improving, Reuters says
Loans to the private sector by euro zone banks dropped 1.6% in July versus the same period a year earlier, compared with a year-over-year decline of 1.8% in June, according to Reuters. Meanwhile, the bloc's M3 money supply increased at a 1.8% annual rate in July, versus 1.6% in June, the news service added. The upturn in the data comes after the European Central Bank started charging banks in June to keep their deposits overnight, Reuters added. Publicly traded euro zone banks include Banco Santander (SAN), Barclays (BCS), Credit Suisse (CS), Deutsche Bank (DB), HSBC (HSBC), ING Groep (ING), Lloyds Banking (LYG), Royal Bank of Scotland (RBS) and UBS (UBS). Reference Link
August 27, 2014
06:10 EDTRBSRoyal Bank of Scotland, NatWest fined GBP14.47M by FCA
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August 21, 2014
06:31 EDTRBSRBS reaches copyright suit settlement after judge bars software, Reuters says
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