Royal Bank of Scotland

...for risk-takers are no longer acceptable." Sir George Mathewson, former chairman of Royal Bank of Scotland, told the BBC that the FSA already has enough tools to curb bad bonus systems. "Interfering with contracts that have been reached...

In this article: Bank of England, Paul Tucker, Financial Services Authority, Mervyn King, CMS Cameron Mckenna, British Bankers' Association, Paul Myners, and Angela Knight

...support will be unveiled on Tuesday, the BBC understands. Announcements on the future of Lloyds and Royal Bank of Scotland (RBS) will be made by the banks and the Treasury. Both firms will have to set up new banks from existing branch...

In this article: Lloyds, Direct Line, UK, Green Flag, Cheltenham & Gloucester, and Intelligent Finance

...banking services - an easier run into the industry. Spanish banking giant Santander may also be interested in buying part of the Royal Bank of Scotland, a Spanish newspaper said Tuesday. "We are going to see at least three new banks...

In this article: Lloyds TSB, Britain, HSBC, Gordon Brown, Virgin Group, EU, and Recession

...Street and at least a little more competition. Under the plans announced, RBS will sell 318 branches while Lloyds is set to dispose of more than 600 branches over the next four years. "One of the many lessons we have to learn is keeping...

In this article: Customer, Lloyds, RBS, British Bankers' Association, UK, Loughborough University, and Bradford & Bingley

...could threaten its status as a key global financial centre. Sir George Mathewson - a former chairman at Royal Bank of Scotland - said it was a 'dangerous route to go down'. He told the BBC: 'Interfering with contracts that have been...

In this article: UK, Alistair Darling, Financial Services Authority, and London

...work, would not peak until next year. RBS chief executive Stephen Hester told the BBC that the bank's recovery "would be a marathon not a sprint" and that he expected losses until well into next year. On the subject of bonuses, Mr Hester...

In this article: RBS, Tax, Bad debt, Recession, and Royal Bank of Scotland Group

...George voiced concerns about the government's plans Interfering with bankers' contracts is a "dangerous route to go down", a former chairman of Royal Bank of Scotland has told the BBC. Sir George Mathewson said that he thought the...

In this article: Financial Services Authority, British Bankers' Association, Angela Knight, and Financial Times

...since it first offered to insure Lloyds' book in February. RBS, meanwhile, has confirmed it will join the scheme on revised - and more expensive - terms, the Treasury said. "I believe what we have here is a better deal for the...

In this article: Lloyds, UK, Cheltenham & Gloucester, and Intelligent Finance

...Group that businesses do not want its loans. RBS, which is majority-owned by taxpayers, said it would not meet its GBP16bn business lending target because of "subdued demand" from consumers. The Treasury told the BBC the bank must publish...

In this article: RBS, Lloyds, Tax, Royal Bank of Scotland Group, Alistair Darling, and BBC