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The bank has been accused by many customers of undervaluing their assets so that it could buy them from business customers in distress at rock-bottom prices. RBS acknowledged in a statement to the ...
Shares in Royal Bank ... own statement in which it said it expected a "good" set of full year results. Lloyds Banking Group is still 40 per cent owned by the British government, while RBS is ...
The company confirmed the change in a statement on Thursday, saying the paperwork had been lodged with Companies House in Edinburgh. The bank’s ticker on the London Stock Exchange will change from RBS ...
Investors alleged they weren’t informed of the RBS’s teetering finances before plowing more cash into the sinking bank. A trial was due to get under way imminently.
said Mr McEwan’s vision for the bank marked a decisive break from the era of Stephen Hester, his predecessor, who was deemed by the chancellor to be too attached to RBS’s investment banking ...
are poor with a net attributable loss of one billion pounds," RBS chief executive Stephen Hester said in a bleak results statement from the government-controlled bank. "Impairments rose 409 ...
Earlier this week, RBS passed the Bank of England stress test, having failed in 2016. RBS's Capital Resolution division, which in its various iterations was created to help keep RBS solvent ...
RBS boss Ross McEwan has admitted a statement he made claiming that bank's Global Restructuring Group helped most of its business customers was wrong. He made the admission to MPs on the Treasury ...
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