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Stock Market & Financial Investment News

News Breaks
June 27, 2014
10:24 EDTRBSRoyal Bank of Scotland to invest $1.7B on mobile banking growth, NY Times says
The Royal Bank of Scotland is investing $1.7B in its consumer and small business banking operations through 2017, reports the New York Times. As part of a more digital-focused strategy, the bank plans to add 100 automated teller machines and transform its branches focused on transactions to centers for financial advice and education. Reference Link
News For RBS From The Last 14 Days
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July 30, 2015
06:53 EDTRBSRBS reports 1H operating profit GBP5629M vs. GBP2.87B last year
Reports 1H operating profit before tax GBP293M, which includes GBP1.05B of restructuring costs. Reports CET1 12.3% and Tier 1 12.3%.
July 22, 2015
18:18 EDTRBSRBS hires advisers to investigate treatment of small businesses, Reuters says
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July 21, 2015
06:08 EDTRBSU.K. watchdog visited Barclays 186 times in 2014, Bloomberg reports
The FCA's supervisory team made 186 visits to Barclays (BCS) in 2014, more than any other British bank that year, Bloomberg reports. HSBC (HSBC) was next highest with 85 visits, with RBS (RBS) and Lloyds (LYG) following with 65 and 58 encounters, respectively, the report says. Reference Link

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