In the face of Brexit uncertainty, Royal Bank of Scotland lending was becoming more cautious
Union cries foul as investment bankers profitand taxpayers wait to get £45-billion back.
Spanish bank Santander is buying 318 branches from government-controlled Royal Bank of Scotland.
Royal Bank of Scotland will cut more jobs, chairperson Philip Hampton warned on Friday as he called for an end to ”public flogging” of the bank.
The former heads of banks bailed out by the British state gave unreserved apologies on Tuesday for their conduct, and agreed changes to the bonus system were needed. The deposed…
Britain bailed out three major banks with £37-billion on Monday as governments around Europe boosted confidence in the battered industry.
Major British banks are likely to announce their plans to recapitalise early on Monday.
A charm offensive by Jacob Zuma may not be enough to dispel deep investor anxiety over whether he will be able to take charge of Africa’s biggest economy, even though he has won…
Britain’s FTSE 100 index dipped by mid-session on Monday as concerns of a looming United States recession offset gains in oil shares, HSBC and potential bid target Friend…
World stocks and the dollar rose on Monday as talk of a rescue plan for a United States bond insurer and comments that Qatar is interested in investing in European banks eased…
A trio of British bankers dubbed the ”Natwest Three” face 37 months in prison after pleading guilty to stealing ,3-million tied to the collapse of Enron. The men, who worked for…
Three British bankers whose extradition to the United States caused a political storm last year are on the brink of a plea agreement that could involve an admission of wrongdoing…
A consortium led by Richard Branson’s Virgin Group has been picked as the preferred bidder to rescue Northern Rock and plans to repay £11-billion (,6-billion) quickly to the Bank…
Thousands of customers queued to withdraw savings from embattled British bank Northern Rock on Monday and its shares plunged again, heightening pressure for a sale of the…
Troubled British bank Northern Rock faced break-up rumours on Sunday as it sought to reassure panicking customers and investors following an emergency bail-out by the Bank of…
