Sir Howard Davies RBS chairman Sir Howard Davies has warned that banks may have to pull operations out of the UK unless satisfactory transitional arrangements for the country’s exit from the EU are drawn up soon.
RBS and NatWest are refunding tens of thousands of customers who were wrongly charged interest on student overdrafts over a 14-year period. The bank currently offers students interest-free overdrafts and often customers are offered the option of raising their limit mid-way through their course.
Another week and its another legal action for RBS. It has now emerged that the 73 per cent state owned bank is being sued for £145 million by liquidators at Grant Thornton acting for the creditors of a number of fraudulent companies engaged in a VAT carousel fraud in which carbon credits were being
RBS is to face another major legal action over the alleged mis-selling of interest rate swaps at a time when bosses are said to have known of Libor-rigging. The state-owned bank denies the accusations made by Stuart Wall, head of student accommodation company Opal Property, until it collapsed in 201
This weekend RBS sponsored Britain's high-profile LGBT annual awards. It is a further sign that the sector is taking gender issues seriousl. Mark McFall examines how the Scottish financial sector is seeking to become more inclusive. 50% of Generation X see gender as being on a spectrum. Many financ
RBS weighs shock NatWest spin-off in bid to save W&G project The Sunday Telegraph has reported that the Royal Bank of Scotland has begun drawing up alternative ways to finally separate Williams & Glyn, with a possible option involving NatWest being hived off too.
At the moment there is no shortage of claims against banks. It seems that every other week another swap misselling or GRG claim rears its head. Some claimants have already received favourable decisions and others are still in the process of pulling together their claims. There has yet to be, however
A 28 year-old Aberdeen banker has been convicted of selling customer details to the criminal underworld on the 'dark web' but was cleared of three charges alleging the theft of £7,500 from three customers. RBS banking consultant Aditya Rajiv was last week fined £4,200 for selling the bank account
Lloyd Cochrane, head of mortgages and protection for RBS and NatWest The Royal Bank of Scotland (RBS) and NatWest will begin offering interest-only mortgages to its wealthiest customers again later this month, the banks announced this week.
Police Scotland are searching for would-be thieves who broke into an RBS branch in Clydebank - only to discover that it was empty. A break-in was reported at the RBS branch office on Sunday night, but the culprits were found to have left the branch - which was closed just over a year ago - empty-han
The Royal Bank of Scotland has reportedly appointed external advisers to assist an investigation into its historic treatment of small business customers. The bank is still looking into allegations that small firms were pushed into the Global Restructuring Group (GRG) in order for RBS to charge highe
The Royal Bank of Scotland has successfully sold the freehold of its Aldgate Union office in London for £132 million. The eight-storey office block was put on the market late last year with a guide price of £85 million, but the price was driven up by demand from commercial and residential develope
Edinburgh-based Royal Bank of Scotlandhas provided student accommodation developer Ziggurat with a finance facility of almost £30 million to help fund the construction of a major project in the city and support the firm’s wider growth. Ziggurat, which was founded in the Capital by Jim Pike and co