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(LONDON)Royal Bank of Scotland said Tuesday it had suffered $11.7 billion in additional losses and was forced to raise $23.9 billion in new capital to cover exposure to toxic U.S. loans.READ MORE

(LONDON)The Royal Bank of Scotland Group PLC said Monday that it is considering a rights issue, a possibility it had previously been unwilling to confirm. In a terse announcement to the Lo...READ MORE

(LONDON) Royal Bank of Scotland Group PLC, which reportedly is contemplating going to the market to raise billions of pounds, said Friday that it will make a statement on its plans next we...READ MORE

(NEW YORK)GE Money and Commercial Finance, a unit of General Electric Co., on Thursday agreed to exchange certain European banking assets with Banco Santander SA.READ MORE

(LONDON)Royal Bank of Scotland Group PLC said Thursday its 2007 profit rose nearly 18 percent on the back of strong growth in its British retail and corporate banking operations.READ MORE

(WASHINGTON)Ritchie Capital Management LLC's two bankrupt investment units have more time to file their liquidation plan after winning approval to sell their portfolios of life insurance polic...READ MORE

(WASHINGTON)U.S. banks lag their European peers in changing business practices to cope with global warming, an investment group that focuses on the environment said in a new report.READ MORE