United Kingdom | Friday, 5 December 2008

Royal Articles

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11. RBS first half to be in line with previous guidance
Royal Bank of Scotland (RBS) said on Wednesday that its results for the first six months of the year should be "satisfactory" and in line with previous guidance.
11 Jun 2008
12. RBS secures 95% of rights issue shares
Royal Bank of Scotland said on Monday that 95.1 per cent of the shares offered in its £12 billion rights issue were bought up by shareholders by the end of the rights issue period on Friday.
09 Jun 2008
13. Banks put assets on block but face price shock
Royal Bank of Scotland and other European banks are having to sell assets to repair their battered balance sheets and will have to settle for low prices.
09 Jun 2008
14. RBS shares rise on TCI stake rumours
Royal Bank of Scotland (RBS) saw its shares rise over six per cent early on Tuesday following rumours that investor TCI could be building up a stake in the company.
03 Jun 2008
15. RBS says trading in line with current guidance
The Royal Bank of Scotland (RBS) has said that its trading is in line with guidance given six weeks ago. The bank said that buy-to-let mortgages represented only one per cent of its UK loan portfolio.
02 Jun 2008
16. Generali pulls out of RBS bidding
On Wednesday the Italian firm Generali said that it would not be bidding for the insurance arm of Royal Bank of Scotland. The news came just a few hours before the first bid deadline for the asset.
28 May 2008
17. Buffet not bidding for RBS insurance arm
Berkshire Hathaway Inc will not be making a bid for the Royal Bank of Scotland's insurance arm, it was reported on Friday.
16 May 2008
18. Royal Mail profits fall 30%
Royal Mail Group said on Thursday that it had delivered "robust financial results" in the year ended 30 March 2008, despite "many challenges".
08 May 2008
19. RBS cuts mortgage rates to lure customers
Royal Bank of Scotland is trimming up to 0.3 percentage points off new mortgages to boost market share, taking advantage of its rivals' retreat in the face of the credit market crisis and a deteriorating housing outlook.
30 Apr 2008
20. RBS said to drop 7,000 jobs
Royal Bank of Scotland (RBS) is set to begin the integration of ABN AMRO's investment bank, a move likely to cost 7,000 out of 28,000 jobs at the company.
28 Apr 2008
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