Wednesday 5 August 2015
 
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RBS

UK takes $1.7bn hit in RBS sell-off

Britain took a £1.1 billion pound ($1.7 billion) loss on its first sale of shares in Royal Bank of Scotland (RBS) on Tuesday, sparking accusations from opposition politicians of an unnecessarily rushed and costly disposal. T

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UK starts RBS sell-off with $3bn stake sale

Britain started the sale of a 2 billion pounds ($3.1 billion) stake in Royal Bank of Scotland (RBS) on Monday, beginning the disposal of its holding in the bank seven years after a multi-billion pound bailout at the height of the financial crisi

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RBS ends plan to sell UAE units to ADCB

Royal Bank of Scotland (RBS) has ended its plan to sell its UAE cash management and trade finance business to Abu Dhabi Commercial Bank (ADCB), sources familiar with the matter said on Monday. The sale would have been one of the l

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RBS to sell $5bn Greek shipping loan business

Royal Bank of Scotland is winding down its Greek operation and is putting its $5 billion shipping loans portfolio up for sale as the group scales back non-core activities, finance sources familiar with the plans said on Friday. Th

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RBS to return surplus cash to shareholders

Royal Bank of Scotland expects a substantial increase in its capital thanks to the sale of businesses over the coming years and intends to return some of it to shareholders, chief executive Ross McEwan said. The bank, 78 per cent

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RBS to return surplus cash to shareholders

Royal Bank of Scotland expects a substantial increase in its capital thanks to the sale of businesses over the coming years and intends to return some of it to shareholders, chief executive Ross McEwan said. The bank, 78 per cent

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RBS closes Qatar branch, country head departs

Royal Bank of Scotland (RBS) has closed its branch in Qatar with its country head departing, RBS told Reuters on Thursday, the latest step in its withdrawal from the Middle East. Qatar has been one of the bank's more active ov

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CBD to buy $817m of UAE company loans from RBS

Commercial Bank of Dubai (CBD) has agreed to acquire around Dh3 billion ($816.8 million) of corporate loans from Royal Bank of Scotland, the Dubai-based lender said on Wednesday. The portfolio of loans was mostly to large United A

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Lloyds, Natixis and RBS sell Dubai World debt

Lloyds Banking Group and Natixis have sold their holdings in debt of Dubai World, the state-owned conglomerate nearing a $14.6 billion debt restructuring, according to sources familiar with the matter. Royal Bank of Scotland (RBS)

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RBS shrinks investment bank, posts $5.4bn loss

Royal Bank of Scotland (RBS) will shrink investment banking operations drastically, pulling out of 25 countries across Europe, Asia and the Middle East and allowing the state-controlled lender to refocus on lending in Britain. RBS

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