Royal Bank of Scotland

The Royal Bank of Scotland plc (Scottish Gaelic: Banca Rìoghail na h-Alba) is one of the retail banking subsidiaries of the Royal Bank of Scotland Group plc, and together with NatWest and Ulster Bank, provides branch banking facilities throughout the British Isles. Royal Bank of Scotland has around 700 branches, mainly in Scotland though there are branches in many larger towns and cities throughout England and Wales. The Royal Bank of Scotland and its parent, the Royal Bank of Scotland Group, are completely separate from the fellow Edinburgh based bank, the Bank of Scotland, which pre-dates the Royal Bank of Scotland by 32 years. The Bank of Scotland was effective in raising funds for the Jacobite Rebellion and as a result, The Royal Bank of Scotland was established to provide a bank with strong Hanoverian and Whig ties.

Articles About Royal Bank of Scotland

Court OKs JPMorgan fee pact; Capital One talks fail

By Reuters UK

JPMorgan Chase & Co <JPM.N> won preliminary court approval of its agreement to pay $110 million (70.2 million pounds) to settle nationwide litigation accusing it of charging excessive overdraft fees. (May 25)

MORE TOPICS: BANK OF AMERICA, JPMORGAN CHASE, COURT, FLORIDA, SETTLEMENT

Free UK banking may have to end - BoE Bailey

By Reuters UK

Britain may need to call time on free bank accounts as poor transparency on fees could be fuelling the mis-selling of financial products, a top banking regulator said on Thursday. (May 24)

MORE TOPICS: BARCLAYS, HSBC, RETAIL, BANK OF ENGLAND

BoE's Bailey says free banking may have to end

By Reuters UK

Public intervention could increase competition in UK banking and end the "dangerous myth" of free accounts, which may be fuelling product mis-selling, a top Bank of England official said on Thursday. (May 23)

MORE TOPICS: BARCLAYS, HSBC, RETAIL, BANK OF ENGLAND

Lloyds readies sale of UK property loan portfolio

By Reuters UK

Bailed-out Lloyds Banking Group <LLOY.L> is preparing to sell a second and smaller portfolio of loans backed by UK commercial property, a source close to the process told Reuters. (May 23)

MORE TOPICS: LONDON

Nationwide takes £103 million loan mis-selling hit

By Reuters UK

Nationwide, Britain's biggest customer-owned financial services group, has set aside 103 million pounds ($163 million) to compensate victims of loan insurance mis-selling after claims quadrupled in the second half of its fiscal year. (May 23)

MORE TOPICS: BARCLAYS, HSBC, RETAIL, MANAGEMENT, MORTGAGE

Nationwide takes 103 million stg loan mis-selling hit

By Reuters UK

Nationwide, Britain's biggest customer-owned financial services group, has set aside 103 million pounds ($163 million) to compensate victims of loan insurance mis-selling after claims quadrupled in the second half of its fiscal year. (May 23)

MORE TOPICS: BARCLAYS, HSBC, RETAIL, MANAGEMENT, MORTGAGE

Nationwide lifts mortgage lending by 44 percent

By Reuters UK

Nationwide, Britain's biggest customer-owned financial services group, reported a 44 percent increase in loans to home buyers in its last fiscal year, including a sharp rise in the number of mortgages provided to first-time home buyers. (May 23)

MORE TOPICS: BARCLAYS, HSBC, MORTGAGE

US Dollar
Dollar Remains Safe Parking Lot For Funds

By IBTimes UK

The U.S. dollar is expected to hold its own as a safe-haven currency in the near term as risk aversion in the global financial markets remains amid the euro zone's troubles. (May 22)

MORE TOPICS: BANK OF JAPAN, JAPAN, ELECTIONS, MANAGEMENT

Miners help Britain's FTSE extend its recovery

By Reuters UK

Britain's benchmark share index extended its tentative recovery on Tuesday, as mining stocks rose on a rise in the price of copper and on hopes of new moves in China to boost its economy. (May 22)

MORE TOPICS: CHINA, BARCLAYS, BNP PARIBAS, FTSE, EUROPEAN UNION, CARNIVAL

Banks, commods help FTSE 100 snap 5-day losing streak

By Reuters UK

Britain's top share index halted a week-long slide on Monday, as investors stumped up the courage to buy in on the dips of badly beaten equities, although the murky outlook for global growth kept gains to a minimum. (May 21)

MORE TOPICS: DEUTSCHE BANK, FTSE, GERMANY, ELECTIONS, COPPER, RYANAIR

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