Royal Bank of Scotland Group PLC (RBS.N)
28 Jun 2016
LONDON, June 28 The chief executives of Lloyds Banking Group and Royal Bank of Scotland moved to reassure thousands of workers that their state-backed companies would weather the turmoil sparked by Britain's decision to quit the European Union.
LONDON, June 28 Royal Bank of Scotland Chief Executive Officer Ross McEwan has warned staff that Britain's decision to leave the European Union has caused a range of economic uncertainties "in the short, medium and long term", a memo seen by Reuters showed.
LONDON, June 27 Britain's government has scrapped plans to sell stakes in Royal Bank of Scotland and Lloyds Banking Group this year in the wake of the Brexit vote, sources said, a decision set to leave a multi-billion pound hole in the country's public finances.
LONDON Britain's government has scrapped plans to sell stakes in Royal Bank of Scotland and Lloyds Banking Group this year in the wake of the Brexit vote, sources said, a decision set to leave a multi-billion pound hole in its finances. The Treasury had planned to further reduce its exposure to the banks it took over during the financial crisis, by raising 9 billion pounds ($11.9 bln) via sales of stock to fund managers and a discounted offer to the public.
LONDON, June 27 Britain's government has scrapped plans to sell stakes in Royal Bank of Scotland and Lloyds Banking Group this year in the wake of the Brexit vote, sources said, a decision set to leave a multi-billion pound hole in its finances.
LONDON Britain's top share index extended the previous session's steep losses on Monday as the country's vote last week to leave the European Union hurled it into political and economic uncertainty, hitting banks, housebuilders and airlines hard.
LONDON Britain's top share index fell again on Monday as Britain struggled with political and economic uncertainty after last week's vote to leave the European Union. Banks, housebuilders and budget airline easyJet were hit hard.
* Revolving facility with RBS to refinancing at a lower cost 39 million pounds of Circle Property Unit Trust current facilities Source text for Eikon: Further company coverage:
LONDON, June 22 The Royal Bank of Scotland has received bids for its Greek shipping finance business which is worth about $3 billion as it looks to scale down on non-core activities, banking and financial sources familiar with the matter told Reuters.
LONDON, June 21 State-backed Royal Bank of Scotland is planning to axe about 900 UK jobs, sources familiar with the process told Reuters, taking the total number of layoffs to around 5 percent of its British workforce in the last four months.
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