All posts tagged Royal Bank of Scotland

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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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

RBS

RBS makes £125m provision for computer problem

The Royal Bank of Scotland Group (RBS) (LSE:RBS) (NYSE:RBS) revealed today that it has set aside GBP125m to cover costs related to the recent problem in its IT

NatWest Tower, London

Senior management at RBS will face accountability, says chief executive

Stephen Hester, the chief executive of the Royal Bank of Scotland (RBS), is facing questions about this year's bonuses for senior executives after a serious computer problem that

Royal Bank of Scotland HQ in Edinburgh

RBS chief executive apologises to customers after computer meltdown

The chief executive of the RBS, Stephen Hester, has apologised to customers for the computer problems last week that led to a huge backlog of transactions. A failed software

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