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Stock Market & Financial Investment News

News Breaks
August 12, 2014
06:42 EDTRBSRBS confirms possible Coutts sale, Reuters says
RBS confirmed that it was mulling the possible sale of Coutts, the international division of its private bank, according to Reuters, citing comments from RBS executives Alison Rose and Les Matheson in a memorandum. A source said that the agreement could fetch nearly $1B. Reference Link
News For RBS From The Last 14 Days
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July 6, 2015
08:58 EDTRBSU.K. plans to sell half of RBS stake in two years, Reuters reports
The U.K. government plans to sell half of its stake in the Royal Bank of Scotland (RBS), worth $25B, within the next two years of a possible first sale in September, Reuters reports, citing people with knowledge of government thinking. Reference Link
July 2, 2015
18:02 EDTRBSRBS to potentially face $13B judgment in subprime mortgage case, FT says
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12:22 EDTRBSBrazil investigates banks for exchange rate manipulation
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08:14 EDTRBSRBS announces BNP Paribas as referral bank for GTS customers
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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

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