RBS

RBS proposed sale of Pak operations falls through

The Royal Bank of Scotland on Monday
said its proposed deal to sell the Pakistan division to MCB
Bank has lapsed due to regulatory hurdles.

1,000 bankers quit RBS over bonus row: Report

More than 1,000 investment bankers have quit the Royal Bank of Scotland to join rival firms after the British government ordered the lender to clamp down on bonuses this year, a media report says.

Royal Bank of Scotland posts $3 bn Q3 loss

Government-controlled Royal Bank of Scotland Group PLC on Friday reported a net loss of 1.8 billion pounds (USD 3 billion) but that underlying profits had improved and lending to companies increased 5 percent.

Lloyds, RBS agree to massive shake-up

Britain`s two largest retail lenders have agreed to a massive shake-up of the banking sector that will see both sell hundreds of branches and key businesses to appease EU concerns over state aid and competition.

RBS plans up to 5 mn pound bonus to top employees: Report

Even as the British economy
continues to reel under financial turmoil, banking major Royal
Bank of Scotland (RBS) is planning to hand out bonuses of up
to five million pound to its employees, a media report says.

RBS plans to sell over 300 branches: Report

The Royal Bank of Scotland is
looking to sell more than 300 branches in England and Wales,
as part of a government-backed plan, says a media report.

HSBC in talks to buy RBS Asia assets including in India:Report

Financial services major HSBC Holdings Plc is in advanced talks to acquire the retail and commercial banking assets of Royal Bank of Scotland (RBS) in India, China and Malaysia, says a media report.

Talks between Stan Chart, RBS for sale of assets fail

Standard Chartered`s plans to
purchase the Royal Bank of Scotland group`s assets in India,
China and Malaysia, appear to have failed over the valuation
of assets, a media report says.

ABN Amro Bank`s profit per person nosedives, reveals RBI data

Indian arm of RBS-owned ABN Amro Bank saw profit per employee nosediving during 2008-09, unlike other major foreign banks Citibank and Stanchart which manged to maintain profitability despite the impact of global financial crisis.

ABN Amro Bank NPAs shoot up near three times in FY`09

The India arm of global lender ABN Amro Bank, whose retail business is reported to be on the block, has recorded a near three-fold growth in bad loans during 2008-09.

RBS close to selling off Asian assets: Report

Bailed out lender Royal Bank of Scotland is close to sealing a deal to sell its assets in China, India and Malaysia to Standard Chartered, a report said on Monday.

ABN AMRO posts first-half loss, RBS split on track

Nationalised Dutch bank ABN AMRO reported a large first-half loss on Wednesday and said the legal separation of certain assets owned by Royal Bank of Scotland is on schedule.

RBS- Stan Chart talks on Asian assets in "full swing": Sources

Royal Bank of Scotland`s talks to sell some of its Asian assets to Standard Chartered remain "in full swing", sources familiar with the matter said on Tuesday after a report they were on the rocks.

RBS` sale of Asian biz hit hurdles: Report

RBS` effort to complete sale of its Asian biz, including in India and China, is facing some hurdles and could fetch a smaller than expected price.

UK regulator probes RBS, ABN Amro deal

UK market regulator, the Financial Services Authority, has started a probe into financial services major Royal Bank of Scotland`s acquisition of ABN Amro, says a media report.

RBS posts $1.7 billion first-half net loss

The Royal Bank of Scotland posted a wider first-half net loss on Friday, after sluggish trading in its retail and corporate businesses wiped out strong gains in its investment banking unit.

ANZ to buy selected RBS biz in Asia for USD 550 mn

Australia and New Zealand Banking Group (ANZ) will acquire certain businesses of RBS in Asia for an estimated USD 550 million, as part of efforts to expand its presence in the region.