Europe’s banks face a further $50bn of legal costs as they catch up with their U.S. counterparts, according to analysts at Morgan Stanley.
RBS Global Banking & Markets delivers financing, risk management and investment services to corporations, governments and financial institutions around the world.
Royal Bank of Scotland was asked by investors suing over losses from a 2008 share sale to disclose details of probes by U.K. and U.S. regulators into its near-collapse and $78bn bailout.
Like its rivals in Britain, the Royal Bank of Scotland has been unable to escape criticism from shareholders over the amount of compensation that bankers are paid.
Wells Fargo Securities has announced that Matt Carter joins as managing director and head of International Debt Syndicate.
Royal Bank of Scotland is expected to face shareholder attacks at its annual meeting on Wednesday after paying out £3.4bn in bonuses in the past four years.
Now you see it, now you don't.
Royal Bank of Scotland agreed on Thursday to pay $99.5m to resolve a U.S. regulator's claims against the bank over Freddie Mac's purchase between 2005 and 2007 of mortgage-backed securities that later went sour.
ICAP, the world’s largest broker of transactions between banks, has been accused by the European Union’s antitrust arm of colluding to help rig interbank lending rates.
Royal Bank of Scotland lost two debt traders to rival firms as the bank continues to scale back its U.S. operations.
Ross McEwan, chief executive of Royal Bank of Scotland, received shares on Friday worth almost £1.5m in the bailed-out bank.
Here's the latest on the 'movers and shakers' front.
Here's the latest on who's on the move.
Royal Bank of Scotland (RBS) has appointed Helen Gordon as Head of West Register, RBS's investment company which acquires property from financially distressed situations and creates value with a view to exiting when market conditions determine.
RBS has today announced changes to its wholesale banking operations to ensure they continue to deliver against the Group’s strategy announced in 2009. The changes follow a review outlined at its Q3 2011 results, in light of a changed market and regulatory environment.
He wants his money!
Here's a couple of brief items making the news.
Bank of America’s Ben Samuels, head of a global equities sales desk in London, was among employees who left amid cuts at the company’s investment bank this month, said two people with knowledge of the moves.
The chief secretary to the Treasury has poured cold water on plans being hatched inside Royal Bank of Scotland to pay bumper bonuses to senior staff.
Structured products lift income at firms as they benefit from fewer competitors and investor demand for higher-yielding securities amid near-zero interest rates.
Cash bonuses at the Royal Bank of Scotland (RBS) will be limited to £2,000 next year, Britain's Prime Minister David Cameron told Parliament on Tuesday.
No less than 7 top firms have gone / are going through difficulties of one kind or another - and that's in addition to the 'normal' issues banks are having related to regulation, capital requirements and the malaise in fixed income.
Let's get this right.
Fears grow that the bank will be uncompetitive when it comes to pay.