Rbs

Former RBS executive Jim Brown has been appointed CEO of Sainsbury's Bank, subject to regulatory approval. Mr Brown will join as CEO designate next Wednesday and will work with outgoing CEO Peter Griffiths for a short handover period.

Nationwide Building Society has been awarded £50 million from Banking Competition Remedies to increase competition in small business banking. The Co-operative Bank and Investec Bank have also been awarded £15 million each to expand in the small business market.

A Scottish fintech start-up has announced plans to roll out its flagship banking app within months after securing funding from Scottish EDGE. Nexves, which has also been supported by accelerator programmes run by Royal Bank of Scotland and Elevator, is "a platform that enables a swarm of individuals

Business growth slowed in Scotland in November to the weakest rate in eight months, according to new analysis from Royal Bank of Scotland. The seasonally adjusted headline RBS PMI figure decreased to 52.2 in November. This was down from 53.4 in October and signalled the slowest expansion in private

Royal Bank of Scotland has launched an investigation into allegations that there is a "culture of bullying" at the bank, The Herald reports. A whistleblower has alleged that staff working on "Project Amethyst" faced intimidation, threats and humiliation from two senior managers.

Ross McEwan Ross McEwan, chief executive of Royal Bank of Scotland, has told the lender's AGM in Edinburgh that he personally reviewed all of its proposed branch closures.

Paul Pester The chief executive of TSB has welcomed the £775 million set aside by RBS for so-called 'challenger banks' as a "once in a generation opportunity to break the shackles" of the big banks, The Herald reports.

Royal Bank of Scotland has denied claims that it trained staff in how to forge customers' signatures, The Times reports. Bank Confidential, a new organisation which aims to root out unacceptable practices in the big banks, said it had become aware of allegedly fraudulent practices in the bank from w

Paul Wheelhouse The Scottish Government has called on the UK government to establish and enforce a guaranteed minimum level of service provision for essential banking services.

A leaked Financial Conduct Authority (FCA) report says RBS management "turned a blind eye" to failings in its scandal-hit Global Restructuring Group (GRG), the Mail on Sunday reports. The unpublished report is said to reveal that RBS management pressured staff members to squeeze companies for larger

Royal Bank of Scotland is set to shed nearly 160 employees as it closes a total of 62 branches across Scotland, it announced today. The announcement from the bank - which is still 72 per cent state-owned - comes just nine months after RBS's announcement of 30 branch closures.

The RBS logo has been removed from 250 Bishopsgate, the iconic building home to RBS in London since 2007.

Sir Howard Davies Royal Bank of Scotland's non-executive director John Hughes is stepping down from the board due to ill health, just two months after he joined.

Progress continues towards a settlement in a court action brought by thousands of shareholders against the Royal Bank of Scotland, senior counsel has said. At the High Court in London, Jonathan Nash QC, for the shareholders, updated Mr Justice Hildyard on the case.

Ross McEwan RBS has reached an out-of-court settlement with a group of shareholders who alleged they were misled by the bank in the run-up to its £12 billion rights issue in 2008.