By Wall Street Breakfast : Economy Following Argentina's proposal to swap BNY Mellon for a local bank as trustee on its restructured debt and plan to pay bonds under local law, U.S District Judge Thomas Griesa has declared Argentina in contempt of court. Despite the ruling, the country's Foreign ...
LONDON, Sept 30 (Reuters) - Royal Bank of Scotland 's Chief Executive Ross McEwan said that the bank should have dealt with most issues arising from past misconduct within the next 18 months.
* All eyes on euro zone inflation figures due at 0900 GMT
Royal Bank of Scotland (NYSE: RBS ) says it will release £800M ($1.3B) from provisions it had put aside to cover losses on bad loans following an improvement
PARIS, Sept 30 (Reuters) - European shares inched higher in early trading on Tuesday, led by shares of Royal Bank of Scotland after the UK lender cut provisions for bad loans.
LONDON, Sept 30 (Reuters) - Royal Bank of Scotland said on Tuesday it has cut how much money it sets aside to cover unwanted assets due to an improving economy, especially in Ireland
offering , pricing 140 million shares at $21.50. Previously a wholly owned subsidiary of RBS Group (NYSE: RBS ), the European Union required RBS to divest CFG in order to improve its capital position. With lackluster demand from investors
LONDON (Reuters) - State-backed Royal Bank of Scotland said on Monday it would invest more than 1 billion pounds ($1.6 billion) to improve services for its commercial and corporate customers.
* Will speed up services including lending decisions (Adds details)