Search Results for: RBS
TrueEX locks in JPM, RBS for swaps service
December 9th, 2015
Trading platform trueEX has rolled out a new automated trading service for swaps and locked in the participation of two major dealers – something of a coup as banks have traditionally been unwilling to support such efforts in the past. JPMorgan and Royal ...
RBS,HSBC, Barlcays and StanChart announced their stress test results
December 1st, 2015
The Royal Bank of Scotland Group plc, HSBC Holdings plc, Barclays PLC and Standard Chartered PLC have issued press releases to announce their results in relation with the 2015 Bank of England stress test. Royal Bank of Scotland Group ...
Facebook to replace work email at RBS
November 27th, 2015
The Royal Bank of Scotland is making Facebook at Work available to more than 100,000 employees RBS is the largest client to trial the service with over 500 employees currently using it at work every day Facebook at Work has ...
British judge delays trial of RBS shareholder lawsuit to 2017
November 27th, 2015
A High Court judge on Thursday delayed the trial in a drawn-out battle between Royal Bank of Scotland (RBS.L) and shareholders, criticising the lender and its legal advisers for being “unfocused” and swamped by 25 million documents. Thousands of ...
Barclays, HSBC and RBS agree to £600m fine for foreign exchange rigging
October 23rd, 2015
Three of Britain’s biggest banks were slapped with a $924m (£600m) bill for rigging foreign-exchange markets yesterday. Barclays, HSBC and RBS agreed the bill during a US federal court hearing, according to reports from Sky News. Barclays agreed to ...
RBS in 84.4 million pound mortgage securities deal with U.S. regulator
September 16th, 2015
Royal Bank of Scotland Group PLC has agreed to pay 88.4 million pounds to resolve claims by a U.S. regulator that it sold toxic mortgage-backed securities to now-failed credit unions, according to a court filing on Tuesday. The National ...
RBS hires PwC to investigate GRG division
August 12th, 2015
PWC has been hired by Royal Bank of Scotland to investigate whether its restructuring division forced viable businesses to fail. RBS has hired the Big Four firm alongside two law firms to scrutinise tens of thousands of businesses put into ...
China Curbs Online Payment in Fresh Blow to Internet Finance
August 3rd, 2015
China plans to tighten regulations governing the nation’s 270 online-payment firms including Alibaba Group Holding Ltd.’s finance arm, dealing another blow to the booming business of Internet finance. Under draft rules published on July 31, the central bank will limit the ...
RBS, Credit Suisse recommend buying Greek debt
July 31st, 2015
It is barely two weeks since Greece was on the brink of crashing out of the euro, yet some investment banks are now encouraging investors to return to its bond market. A last gasp deal on 13 July saw ...
RBS to Raise $2.2 Billion From Citizens Stake Sale
July 29th, 2015
U.K. bank previously raised $3.2 billion from selling shares in U.S. lender in March Royal Bank of Scotland Group PLC said Wednesday it plans to raise $2.2 billion from the sale of 86 million shares in Citizens Financial Group ...
