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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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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
June 19, 2015
05:54 EDTRBSRBS looks to hire banker who had worked on ABN deal, Financial Times reports
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June 18, 2015
10:51 EDTRBSRBS close to returning 'missing' customer payments, The Telegraph says
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07:28 EDTRBSLloyds CEO to call on U.K. banks to welcome ringfencing rules, Reuters says
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