Rbs

Reserve Bank to strengthen risk-based supervision of banks, NBFCs

The Reserve Bank has decided to review and strengthen the Risk Based Supervision (RBS) of the banking sector with a view to enable financial sector players to address the emerging challenges

Sub-prime mortage bond sales: RBS to pay $5.5 bn fine to US shareholders

Bank has been trying to resolve its legal cases to enable the UK govt to sell over 70% of its stake

Royal Bank of Scotland to offshore more jobs to India: UK trade union

Bank has plans to cut 334 jobs

RBS to close 180 branches due to dramatic online shift

RBS said about 770 roles may be eliminated in Britain and about 220 roles in the Republic of Ireland

RBS reports $8.7 bn loss and says it will not make profit until 2018

RBS has not made an annual profit since 2007

RBS sets aside $4 billion for 'painful legacy' of US loan mis-selling

The provision means that state-backed RBS is unlikely to make a profit in 2016

RBS unveils brand changes, new structure in ring-fencing revamp

Royal Bank of Scotland is to separate its retail operations from its higher-risk businesses in a major overhaul to meet new ring-fencing rules in Britain

RBS to pay $1.1 billion to resolve US regulator's mortgage cases

The settlement with RBS brings the US regulator's recoveries against various banks to $4.3 billion in lawsuits

Brexit fallout looms large over Royal Bank of Scotland as losses, costs mount

RBS shares, which have fallen almost 40 per cent so far this year, were 5 per cent lower

RBS to close 6 of 10 branches from October 1

RBS branches in Bengaluru, Hyderabad, Pune, Gurgaon, Noida and Vadodara will be closed with effect from October 1

RBS tells customers about closure of India operations

The British bank will make alternate arrangements for their banking, wealth management & demat accounts on or before Aug 31

RBS planning to cut 900 jobs to reduce costs: Sources

Cuts are in IT and back office positions that support the commercial, retail and private bank

RBS India chief Brijesh Mehra to head RBL corporate banking

Appointment comes within a month of RBS announcing its withdrawal from customer facing activities in India

RBS begins closure of retail branches in India

RBS said it had started informing their customers about their decision and how it would impact them

RBS planning to axe 600 UK jobs in cost-cutting plan, say sources

The CEO has been cutting thousands of jobs to reduce expenses in a bid to boost earnings after 8 straight annual losses

Royal Bank of Scotland to cut 448 UK jobs in investment bank

A spokesperson said this move is to restructure their corporate & institutional bank, reduce size, focus on customers and products