Bankers Fired by RBS
Submitted by Anil Dayal on Fri, 02/10/2012 - 13:03
It has been recently revealed that the Royal Bank of Scotland has fired four employees because of their connection with the interest rate manipulation case. The Royal Bank of Scotland group is actually the largest government based lender and this recent probe has definitely proved to be disgrace for the bank.
RBS collapse faces new probe
Submitted by Jitendra Tiwari on Sun, 05/22/2011 - 09:23
Britain's financial watchdog FSA will now examine the collapse of the Royal Bank of Scotland (RBS) in light of new revelations about the bank's ex-chief executive Sir Fred's secret affair with a senior colleague.
Reports are coming that shamed banker Fred Goodwin gave his lover two lucrative promotions when he was the ban's chief.
The banking regulator wants to confirm whether Fred Goodwin's secret affair contributed to the collapse of the bank.
RBS launches two funds to mitigate risk
Submitted by Ajay Saxena on Mon, 01/31/2011 - 13:28
Britain's biggest government-owned bank, RBS, is entering the arena of retail fund management to mitigate risk.
RBS will launch two new funds, viz. Volatility Controlled Cautious Managed Fund and Volatility Controlled Balanced Managed Fund.
Recommending Buffet to be on the Role of Advisor for RBS
Submitted by Girish Kumar Guha on Mon, 08/30/2010 - 08:33
City advisers have started rolling to offer help in selling Bank of Scotland insurance business after an outbreak of interest was seen coming from potential suitors that suggested raking in U. S. billionaire, Warren Buffet.
Offloading Direct Line by 2013 as the price of Government’s bailout is what has been ordered by the European Commission to RBS, where the taxpayers own 83% of the bank.
Santander standing bid for RBS
Submitted by Manish Verma on Fri, 06/18/2010 - 16:00
The Spanish major Santander confirmed its entrance in the bid for approximately 300 uptown branches being sold by the Royal Bank of Scotland. However the leading bank, RBS refused to comment on any of the financial details, but as per the market speculation this week suggests a deal which is worth about £1.8bn earlier this week.
RBS rolling out customer charter
Submitted by Girish Kumar Guha on Tue, 06/15/2010 - 20:08
The Royal Bank of Scotland and its offspring's, NatWest has rolled out customer charter which pledges on crafting banking solutions more easy.
The banks further made commitment regarding the extension of the bank operation hours at it busiest branches and also in providing the services to the clients at most of its branch within five minutes time span.
