Royal Bank of Scotland Group PLC (RBS.L)
* Rating action reflects Moody's expectation for more stable performance in medium term resulting from group's multi-year restructuring
* Mining and energy stocks also weigh (Adds details, updates prices)
BRIEF-RBS closing on a multibillion pound settlement with U.S. regulator over mis-selling of toxic mortgage bonds - Sky News
* Royal Bank of Scotland closing on a multibillion pound settlement with a U.S. Regulator over mis-selling of toxic mortgage bonds - Sky News Source text : http://bit.ly/2rT0Ofr Further company coverage:
LONDON, June 9 British bank shares fell on Friday as investors priced in the likely negative impact on the sector of Prime Minister Theresa May's failure to win a majority in a snap election.
LONDON A London High Court judge on Wednesday called off a trial due to begin on Wednesday in a long-running investor lawsuit against Royal Bank of Scotland over its 2008 rights issue that would have called disgraced former CEO Fred Goodwin to testify.
* RBS says no outstanding claimants want to continue claim (Adds RBS comment, further quotes, details)
June 7 A London High Court judge on Wednesday called off a trial due to begin on Wednesday in a drawn-out investor lawsuit against Royal Bank of Scotland over its 2008 rights issue that would have called disgraced former CEO Fred Goodwin to testify.
LONDON, June 7 A lawyer for shareholders in RBS , who are suing the bank over losses related to its 2008 rights issue, has asked a London High Court judge to call off a trial because a majority of investors had agreed to an out-of-court settlement.
LONDON, June 7 Britain's major share index rose as banks enjoyed a lift from RBS and mid-caps outperformed on Wednesday, a day before Britons were set to begin voting in parliamentary elections.
LONDON Rebel RBS shareholders, who had been determined to bring the bank and former CEO Fred Goodwin to court over losses related to a 2008 rights issue, are set to agree to a settlement and the case is likely to be dropped, sources said on Tuesday.