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Stock Market & Financial Investment News

News Breaks
June 26, 2014
06:09 EDTRBSRoyal Bank of Scotland to close more branches, Daily Mail reports
Royal Bank of Scotland CEO Ross McEwan says the bank will shut more branches, the Daily Mail reports. The bank has already earmarked 100 branches for closure so far this year, and though Chairman Philip Hampton would not specify how many more outlets it plans to close beyond that 100, he says there is "no floor." Reference Link
News For RBS From The Last 14 Days
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August 31, 2015
06:10 EDTRBSBanks lobby EU over privacy rules overhaul, FT reports
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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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