Royal Bank of Scotland Group
Company and Financial Services Company
Banking charges appeal upheld by Supreme Court...jointly by the OFT and Abbey, Barclays, Clydesdale, Halifax Bank of Scotland and Lloyds TSB, which are now part of the same group, HSBC, Royal Bank of Scotland Group and Nationwide Building Society. If they had lost the appeal, it would... In this article: Supreme Court, Customer, Office of Fair Trading, Revenue, Financial Services Authority, Royal Bank of Scotland Group, Nationwide Building Society, and British Bankers' Association |
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WSJ.com: Markets | 17 hours ago
U.K. Banks Got Crisis-Era Loans
...able to: LONDON -- The Bank of England said it provided emergency loans, which peaked at GBP61.6 billion ($102.37 billion) in total, to Royal Bank of Scotland Group PLC and mortgage lender HBOS PLC at the height of the financial crisis...
In this article: HBOS PLC, RBS, U.K., Bank of England, Lloyds, London, All rights reserved, and Balance sheet
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The Sun | 18 hours ago
Bankety spank
...by the OFT against Abbey, Barclays, Clydesdale, Halifax Bank of Scotland and Lloyds TSB - now part of the same group - HSBC, Royal Bank of Scotland Group and Nationwide Building Society. Many have already changed the way they charge...
In this article: Abbey, Nationwide Building Society, British Bankers Association, Clydesdale, Barclays, Supreme Court, Lloyds TSB, and HSBC
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scotsman.com - Business | 1 day ago
Banks win overdraft charges appeal
...up by the dispute was brought jointly by the OFT and Abbey, Barclays, Clydesdale, Halifax Bank of Scotland and Lloyds TSB, which are now part of the same group, HSBC, Royal Bank of Scotland Group and Nationwide Building Society. Page 1 of 1
In this article: Customer, Supreme Court, Office of Fair Trading, Revenue, Nationwide Building Society, Barclays, Lloyds TSB, and HSBC
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MarketWatch | 1 day ago
Three-way policy split not a surprise: BOE's King
...bonds, or gilts, by February. Separately, the bank also said that it had provided emergency loans totaling 61.6 billion pounds to Royal Bank of Scotland Group /quotes/comstock/23s!a:rbs (UK:RBS 36.98, -0.82, -2.17%) and HBOS, now a...
In this article: Bank of England, HBOS, RBS, Mervyn King, Conservative Party, and Labour Party
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Telegraph.co.uk - UK news | 1 day ago
Bank of England propped up RBS HBOS with GBP61.6bn in emergency loans at height of crisis
Bank of England propped up RBS, HBOS with GBP61.6bn in emergency loans at height of crisis Royal Bank of Scotland and HBOS received GBP61.6bn in emergency loans last October, the Bank of England said as it revealed for the first time the...
In this article: Bank of England, HBOS, Mervyn King, Lehman Brothers, RBS, Inflation, Royal Bank of Scotland, Wall Street, and Britain
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MarketWatch | 2 days ago
London Markets: Miners, banks stand out as FTSE 100 rallies 2%
...has been strong for its offer to exchange new contingent convertible bonds for existing notes. Other banks on the move included Royal Bank of Scotland Group /quotes/comstock/23s!a:rbs (UK:RBS 37.80, +1.81, +5.01%) , shares of which...
In this article: FTSE, Nestle, London, U.S., Standard Chartered, and Kraft Foods
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WSJ.com: Markets | 2 days ago
Lloyds Raises $14.03 Billion
...bank's plan to avoid using a government program to insure its riskiest assets, adding to its state-aid bill. Lloyds and U.K. peer Royal Bank of Scotland Group PLC were among many European banks that needed government bailouts during...
In this article: Lloyds, U.S., Competitive advantage, Royal Bank of Scotland Group PLC, U.K., and Birmingham
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Reuters | 6 days ago
TIMELINE-Two years of struggle for ABN AMRO
...of capital. Aug 26 - ABN AMRO reports a first-half loss of 2.65 billion euros and says the legal separation of certain assets owned by Royal Bank of Scotland Group is on schedule. Sept 17 - Dutch Finance Ministry says Deutsche Bank has...
In this article: ABN AMRO, Fortis, Deutsche Bank, Royal Bank of Scotland, EU, Barclays, and Santander
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Kansas City Star | November 05, 2009
Royal Bank of Scotland posts $3 billion Q3 loss
LONDON Government-controlled Royal Bank of Scotland Group PLC on Friday reported a net loss of 1.8 billion pounds ($3 billion) but that underlying profits had improved and lending to companies increased 5 percent. </p><p>Full recovery from...
In this article: Royal Bank of Scotland Group PLC and London
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Description from Wikipedia:
The Royal Bank of Scotland Group (LSE: RBS) is a British banking and insurance holding company in which HM Treasury holds a 70.33% controlling shareholding, through UK Financial Investments Limited. The group is based in Edinburgh, Scotland, and is the world's largest company by assets.
The group controls the Royal Bank of Scotland Plc, founded in 1727 by a Royal Charter of King George I, the National Westminster Bank, which can trace its lineage back to 1650, and Ulster Bank in Ireland.
RBS Group is the largest banking group in Scotland, and at its earlier peak was the second largest in the UK and Europe (fifth in stock market value), and the fifth largest in the world by market capitalisation. According to Forbes Global 2000, it was the tenth largest company in the world. Its shares have a primary listing on the London Stock Exchange. The registered head office of the group and the UK clearing bank are located at St Andrew Square, Edinburgh. In 2005, Queen Elizabeth II opened the bank's new head office building in Gogarburn, Edinburgh.
The RBS Group operates a wide variety of banking brands offering personal and business banking, private banking, insurance and corporate finance throughout its operations located in Europe, North America and Asia. In the UK and Republic of Ireland, the main subsidiary companies are: The Royal Bank of Scotland; National Westminster Bank; Ulster Bank; Drummonds and Coutts & Co. In the United States, it owns Citizens Financial Group, the 8th largest bank in the country. From 2004 to 2009 it was the second largest shareholder in the Bank of China, itself the world's fifth largest bank by market capitalization in February 2008. Insurance companies include Churchill Insurance, Direct Line, Privilege, and NIG.
- Name:
- The Royal Bank of Scotland Group plc
- Type:
- Public (LSE: RBS)
- Location:
- United Kingdom
- Founded:
- 1727
- Industry:
- Financial services
- Key People:
-
- Stephen Hester, CEO
- Philip Hampton, Chairman
- Products:
- Financial services
- Revenue:
- £59.74 Billion US$ 97.84 Billion (2008)
- Operating Income:
- £-15.67 Billion US$ -25.67 Billion (2008)
- Net Income:
- £-30.38 Billion US$ -49.76 Billion (2008)
- Assets:
- £ 2.11 Trillion US$ 3.47 Trillion (2008)(2008)
- No. of Employees:
- 170,000 (2008)
- Subsidiaries:
- Motto:
- Make It Happen.
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