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Royal Bank of Scotland Group plc news

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RBS 245.30 -1.33 (-0.54%)
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Coutts launches aggressive hiring spree
Having scaled down its sprawling overseas presence last year, the wealth arm of Royal Bank of Scotland is now strengthening core businesses in the UK, Middle East, Asia, Switzerland and eastern Europe.
FSA searches for new enforcement chief
The watchdog drew criticism for failing to bring enforcement actions against the leaders of Royal Bank of Scotland, and the FSA recently lost a test case involving a UBS senior executive who it alleged should be held accountable for failing to prevent ...
MasterCard overcharged, EU court rules
European consumers will face more transparent credit and debit card fees and potentially lower retail costs after a landmark court ruling confirming MasterCard overcharged for cross-border card transactions.
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Lloyds chief picks final team member
Ant�nio Horta-Os�rio, chief executive of Lloyds Banking Group, has made the final appointment to his new executive team, hiring a senior banker from Standard Chartered to head the wholesale division.
CITY FOCUS: Lloyds investors vent frustration at bank's annual meeting
In both cases, its state-backed rival Royal Bank of Scotland was left trailing, with its chief executive Stephen Hester only forfeiting his bonus after months of media and political pressure.
Retailer Clinton Cards collapses into administration
The group, which is the UK's biggest specialist cards retailer and operates 628 Clintons and 139 Birthdays stores, collapsed into administration after failing to find a buyer for all or parts of the business.
Business Growth Fund one year on
Formed following government talks with high street banks, which also produced the Project Merlin lending agreement, the BGF is owned by Barclays, HSBC, Lloyds, Royal Bank of Scotland and Standard Chartered banks and invests between �2m and �10m ... So ...
Should investors switch from bonds to shares?
The portfolio is currently made up of debt from Aviva, Lloyds, Barclays, Royal Bank of Scotland and Standard Life, among others, and is yielding 7.22pc.
Monitise RBS app targets two million downloads
Mobile banking service Monitise has claimed its Royal Bank of Scotland (RBS) app is being downloaded 4,000 times per day across Android, iOS and BlackBerry devices.
Morning News Updates: LinkedIn (NASDAQ:LNKD) Reported Strong Q1
Royal Bank of Scotland Group plc (LON:RBS) (NYSE:RBS) reported better than expected first quarter operating profits and said it will pay back the last of �163bn in bail-out loans from the U.K.