All posts tagged RBS

RBS

RBS to reduce stake in Direct Line Insurance

UK lender Royal Bank of Scotland Group plc (LON:RBS) has launched an accelerated bookbuilding process, looking to sell 229.4m common shares in the insurer Direct Line Insurance Group plc (LON:DLG). RBS aims to dispose of the stake through a placement …

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The Libor Scandal: RBS facing fine of £390m

The Royal Bank of Scotland has been in the spotlight this month, after a fine was issued for the bank’s role in the Libor rate-fixing scandal. The London inter-bank

RBS

RBS to sell a 10% stake in investment banking unit — report

Royal Bank of Scotland Group Plc (LON:RBS), or RBS, intends to sell up to 10% of its investment bank unit, worth as much as GBP30bn (USD45.4bn/EUR34.4bn) through asset

RBS

RBS to sell 42 hotels to Abu Dhabi’s sovereign wealth fund — report

Abu Dhabi sovereign wealth fund Abu Dhabi Investment Authority is close to acquiring 42 hotels run by Marriott International Inc (NYSE:MAR) from Royal Bank of Scotland Group Plc

RBS

Yes Bank CEO confirms interest in Indian assets of RBS

Indian lender Yes Bank Limited (BOM:532648) has not yet carried out due diligence on a potential

RBS

India’s Yes Bank in talks to acquire local assets of RBS

Indian lender Yes Bank Limited (BOM:532648) is negotiating the potential purchase of Royal Bank of Scotland Group Plc's (LON:RBS) local retail and commercial banking activities, an informed person

RBS

RBS offloads consumer loans to financial services firm Paragon

British first mortgage and consumer finance firm Paragon Group Of Companies Plc (LON:PAG) said on Monday it had paid GBP25,000 (USD40,000/EUR31,000) to buy a portfolio of unsecured consumer

Royal Bank of Scotland HQ in Edinburgh

Private equity firms in talks to acquire RBS’ Direct Line

Royal Bank of Scotland Group Plc (LON:RBS) may not get to list its unit Direct Line Insurance Plc as two consortia made up of leading private equity groups

RBS

RBS chief executive will not take bonus after computer problems

The chief executive of the Royal Bank of Scotland (RBS) said today that he has decided not to take a bonus for this year. Stephen Hester's decision follows a

Churchill Insurance

Insurers fined for file tampering

RBS owned insurance companies Direct Line and Churchill has been fined for tampering with files. The files in question are customer compaint files which had been submitted to the

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