Rbs

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 The unpublished report is said to reveal that RBS management pressured staff members to squeeze companies for larger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.

Alison Rose Royal Bank of Scotland has announced the launch of a new digital platform where small and medium sized businesses will be able to obtain unsecured loans of up to £150,000 within hours.

RBS is bracing itself for the annual rammy over bonuses at the loss-making, state-owned bank. Sky News reports that the bank is finalising plans to announce £340 million in bonuses – roughly in line with last year’s £370 million and well down on the 2008 figure of £1.8 billion, when the bank

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.