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Tag Archive | "rbs"

RBS sells 20% of insurer Direct Line

Friday, September 20, 2013

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The Royal Bank of Scotland (RBS) London headquarters is pictured on February 28, 2013

Britain's state-rescued Royal Bank of Scotland has sold a further 20 percent of its insurance unit Direct Line Group for £630 million ($1.01 billion, 748 million euros), it said Friday.

Royal Bank of Scotland shares slide as CEO walks

Thursday, June 13, 2013

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A branch of The Royal Bank of Scotland (RBS) in central London, pictured June 12, 2013

Shares in Royal Bank of Scotland slumped on Thursday, a day after the state-rescued lender said that chief executive Stephen Hester was stepping down to allow someone else to help it return to the private sector.

Royal Bank of Scotland axes 1,400 more jobs

Thursday, May 16, 2013

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People walk past the Royal Bank of Scotland building in London, on January 30, 2012

State-rescued Royal Bank of Scotland axed 1,400 more positions on Thursday, taking the total number of job losses close to 40,000 since its vast state bailout at the height of the global financial crisis.

Royal Bank of Scotland posts £5.97bn 2012 net loss

Thursday, February 28, 2013

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State-rescued Royal Bank of Scotland said net losses almost tripled to £5.97bn in 2012

State-rescued Royal Bank of Scotland said Thursday that net losses almost tripled to £5.97 billion in 2012, when it was hit by compensation payouts, Libor rate-rigging fines and a vast accounting charge.

Royal Bank of Scotland net loss triples to £6 bn

Thursday, February 28, 2013

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People pass a branch of Royal Bank of Scotland in London on February 6, 2013

State-rescued Royal Bank of Scotland said Thursday that net losses almost tripled to £5.97 billion in 2012, when it was hit by compensation payouts, Libor rate-rigging fines and a vast accounting charge.

Britain considers RBS share give-away: reports

Saturday, February 16, 2013

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A Royal Bank of Scotland (RBS) sign is shown in London, February 24, 2011

Britain's finance ministry insisted Saturday it would dispose of its majority stake in the Royal Bank of Scotland "at the appropriate moment" amid reports ministers were considering a share giveaway.

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