Royal Bank of Scotland Group PLC (RBS.N)
24 Jul 2014
|Market Cap (Mil.):||$63,963.39|
|Shares Outstanding (Mil.):||5,707.58|
* Q2 pretax profit of 1 bln stg far exceeded expectations
LONDON, July 25 - British lenders who focus on the domestic market outpaced a flat FTSE 100 index on Friday after strong results from Royal Bank of Scotland and solid economic output data.
LONDON, July 25 - Royal Bank of Scotland said it made a pretax profit of 1 billion pounds ($1.7 billion) in the second quarter, far better than analysts had expected, due to a turnaround in losses from bad loans, prompting it to release its earnings a week early.
WASHINGTON, July 24 - A top U.S. Securities and Exchange Commission official on Thursday defended his agency's decision to grant the Royal Bank of Scotland a regulatory waiver, saying the bank had already been punished in connection with Libor manipulation.
DUBLIN - State-backed British lender Royal Bank of Scotland is considering selling its Irish unit Ulster Bank to a private equity firm, the Irish Examiner reported on Wednesday, citing unnamed sources.
DUBLIN, July 23 - State-backed British lender Royal Bank of Scotland is considering selling its Irish unit Ulster Bank to a private equity firm, the Irish Examiner reported on Wednesday, citing unnamed sources.
* Bank "wilfully obtuse" in evidence to parliamentary committee
(Adds RBS comment, details about investigation, previous censure, background)
LONDON - An investigation into alleged manipulation of foreign exchange markets could pose a bigger problem for banks than the Libor interest rate rigging scandal, the boss of Royal Bank of Scotland said on Friday.
LONDON, July 18 (IFR) - Royal Bank of Scotland has lost two senior debt capital markets bankers and promoted Tim Skeet to head of covered bond origination as part of a reshuffle of its financials business.
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