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Royal Bank of Scotland

Retail bank

Royal Bank of Scotland    ▸ Facts   ▸ Comments   ▸ News   ▸ Videos   

The Royal Bank of Scotland, commonly abbreviated as RBS, is one of the retail banking subsidiaries of The Royal Bank of Scotland Group plc, together with NatWest and Ulster Bank. The Royal Bank of Scotland has around 700 branches, mainly in Scotland, though there are branches in many larger towns and cities throughout England and Wales. Both the bank and its parent, The Royal Bank of Scotland Group, are completely separate from the fellow Edinburgh-based bank, the Bank of Scotland, which pre-dates The Royal Bank of Scotland by 32 years. The Royal Bank of Scotland was established in 1724 to provide a bank with strong Hanoverian and Whig ties.


Banks fined $1.2bn over forex with Citigroup hit hardest

banks fined $1.2bn over forex with citigroup hit hardest
Brussels — Citigroup, Royal Bank of Scotland (RBS), and JPMorgan Chase are among five banks that have agreed to pay the EU fines totaling $1.2bn for colluding on forex trading strategies. Citigroup..
WorldNews - Published

EU fines Barclays, Citi, JP Morgan, MUFG and RBS $1.2 billion for FX rigging

The European Union fined Barclays, Citigroup, JP Morgan, MUFG and Royal Bank of Scotland a combined 1.07 billion euros ($1.2 billion) on Thursday for rigging the multi-trillion dollar foreign exchange..
Reuters - Published

Videos for Royal Bank of Scotland

'Banana split' costs five banks a $1.2bln fine [Video]'Banana split' costs five banks a $1.2bln fine

The European Commission has fined five banks a total of $1.2bln for rigging foreign exchange markets. Julian Satterthwaite reports.

Credit: Reuters Studio     Duration: 01:01Published

Europe markets: banks suffer again on RBS, Deutsche earnings [Video]Europe markets: banks suffer again on RBS, Deutsche earnings

Tougher competition and Brexit uncertainty hit Royal Bank of Scotland profits, while Deutsche Bank's investment bank weakness is underscored by a 19 per cent fall in its bond trading division. David..

Credit: Reuters Studio     Duration: 01:34Published


EU fines five banks €1bn over foreign exchange cartels

eu fines five banks €1bn over foreign exchange cartels
Brussels has fined Barclays, RBS, Citigroup, JPMorgan and MUFG just over €1 billion for participating in cartels to manipulate the foreign exchange market for 11 currencies, drawing a line under..
WorldNews - Published Also reported by •Reuters
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