Royal Bank of Scotland Group PLC (RBS.L)
24 Mar 2017
State-backed Royal Bank of Scotland said on Thursday it planned to close about 180 bank branches in Britain and Ireland and about 1,000 roles were at risk in the latest round of cuts and closures at the lender.
* Bank cutting costs after 9 years of net loss (Adds Ulster Bank branch closures, job cuts)
March 23 Royal Bank of Scotland is to close more than 150 bank branches in Britain and cut hundreds of jobs, the state-backed lender said on Thursday.
* Money did not move through the UK financial system-NCA (Adds FCA comment)
March 20 Britain's FTSE 100 futures were flat ahead of the cash market open on Monday.
March 20 Britain's FTSE 100 index is seen opening 1 point higher at 7,426 on Monday, according to financial bookmakers. * The UK blue chip FTSE 100 index ended 0.1 percent higher at 7,424.96 points on Friday, closing at a record level but with a stronger sterling capping gains. * UNILEVER: Unilever is preparing a 6 billion pound ($7.44 billion) sale of some of its food brands, British newspapers reported on Saturday. * BHP BILLITON: The labor union at the world's
LONDON, March 17 Lawyers representing tens of thousands of Royal Bank of Scotland (RBS) shareholders have held tentative talks to settle a 1.2 billion pound ($1.5 billion) damages claim over the lender's 2008 rights issue that was launched shortly before a state bailout, two sources said.
* Case scheduled to come to court in May (Adds multimillionaire businessman backing the claimants)
LONDON, March 17 Leveraged loan investors are set to welcome two sizeable cross-border acquisition deals totalling US$11.5bn, which will offer some relief from the raft of refinancings that have dominated both the US and European markets since the start of the year.
LONDON, March 17 Lawyers representing tens of thousands of Royal Bank of Scotland shareholders have held tentative talks to settle a 1.2 billion pound ($1.5 billion) damages claim over the lender's 2008 rights issue that was launched shortly before a state bailout, two sources said.