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Stock Market & Financial Investment News

News Breaks
February 10, 2014
09:06 EDTRBSRoyal Bank of Scotland CEO says bank must go back to basics in OpEd
In an editorial published in The Guardian, Royal Bank of Scotland CEO Ross McEwan states that the bank forgot about serving customers in its "rush for growth and profit," and now must "go back to basics" to face "the scale of the changes needed to rebuild trust." Reference Link
News For RBS From The Last 14 Days
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January 28, 2015
16:56 EDTRBSFederal judge says FOREX manipulation case to proceed, Reuters reports
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07:43 EDTRBSRBS divesting toxic assets 12 months ahead of schedule, Bloomberg says
Royal Bank of Scotland Group will divest or wind down 85% of its toxic assets by late 2015, 12 months ahead of schedule, reports Bloomberg, citing a person with knowledge of the matter. The remaining 15% of its $43.7B "bad debt" will remain within RBS Capital Resolution because it is too toxic or too long-term. Reference Link
January 27, 2015
06:52 EDTRBSEuropean Central Bank raises capital requirements for banks, WSJ says
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January 20, 2015
14:06 EDTRBSCitizens, Keysight identified as long positions by Einhorn
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07:30 EDTRBSU.K. banks see Bitcoin as threat to sterling, boon to terrorists, Telegraph says
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