Royal Bank of Scotland stands to pocket at least £150 million after the sale of Vocalink, the payments and cashpoint processing giant that it co-owns. The part-state owned lender is one of 18 banks behind Vocalink, which is being sold to Mastercard in a deal worth up to £869m.
Rbs
Unite, the banking union, has criticised the Royal Bank of Scotland’s proposals to relocate more jobs to India. The union has called out state-backed lender Royal Bank of Scotland on its plans to move another 66 jobs from Britain to India, calling it a gross betrayal of the bank’s workforce.
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
Alison Rose, CEO Specialist lender Together has joined RBS’s Capital Connections pilot scheme for business banking customers who are unable to borrow directly from the bank.
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
The Royal Bank of Scotland (RBS) is facing scrutiny over allegations that it may have breached data protection laws by improperly editing its internal customer records. The Information Commissioner's Office (ICO) is looking into the matter following claims made by RBS customer and small business dir
The Royal Bank of Scotland (RBS) has recruited expert investment bankers from Bank of America Merrill Lynch to help prepare the stock market flotation of Williams and Glyn. The spin-off bank is expected to be sold for £1.5 billion next year.
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.
Rushad Abadan Standard Life today announced that Rushad Abadan has been appointed Group General Counsel and will join the company in early 2016, leaving the Royal Bank of Scotland (RBS).
Nicolas Frankcom, money expert at uSwitch.com The Royal Bank of Scotland (RBS) has finished last in a customer satisfaction league table compiled by price comparison website uSwitch.
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
David Wheldon, chief marketing officer at RBS The Royal Bank of Scotland (RBS), the second largest issuer of banknotes in Scotland, has announced its next generation of £5 and £10 notes will be printed on polymer.