Siobhan Kennedy
RBS boss outlines plans after bank posts £8.2bn loss
Ross McEwan missed an opportunity to do something bold on Thursday. For starters, here’s a good way to restore trust in Britain’s most mistrusted bank.
Search results for ‘rbs’
615 items found
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Siobhan Kennedy
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RBS boss outlines ‘serious’ Scottish independence risks
RBS chief, Ross McEwan says if Scotland votes for independence his bank’s credit rating could be seriously affected. But he says ‘no large organisation’ should attempt to influence the vote.
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Shadowy unit inside state-owned RBS bank
Exclusive: for the first time, a whistleblower tells Channel 4 News that RBS’s GRG unit asset-strips businesses and charges fees to push firms to the brink. For more, watch at seven.
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Whistleblower: how RBS ‘deliberately destroyed’ firms
Exclusive: a whistleblower from RBS’s shadowy GRG unit claims that staff destroyed businesses “that didn’t need destroying” in an attempt to help save the bank during the credit crisis.
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RBS faces £8bn loss as it sets aside money for new claims
Taxpayer-backed Royal Bank of Scotland could make losses of £8bn as it prepares to increase its compensation pot to £3.1bn to cover the cost of litigation and customer claims.
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Cameron ducks proposals to veto RBS bank bonuses
Prime Minister David Cameron ducks Labour demands for the government to veto individual bonuses paid to RBS bankers.
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Clegg vow to veto EU curbs on immigration as Tories ‘panic’
Nick Clegg pledges to block any fresh attempts to curb immigration from the European Union, insisting “this is where we draw the line”, as Vince Cable says the Tories are ‘in a panic’ on the subject.
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EU migrant benefit curbs fast-tracked
A ban on EU migrants claiming out-of-work benefits from the moment they arrive in the UK will be rushed through parliament to deter people who want to “live off the state”.
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RBS to compensate after Cyber Monday glitch
Royal Bank of Scotland promises to “put right” the fact that many of its customers were left “out of pocket” by a computer glitch on Monday.
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RBS already under investigation over computer failures
A glitch which left Royal Bank of Scotland customers unable to pay on one of the busiest shopping days of the year took place after the bank was warned it could be punished for computer failures.
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RBS ‘drove small businesses to the wall’ for financial gain
As RBS is accused of driving small firms “to the wall”, Channel 4 News speaks to a businessman who alleges he was told by the bank that he had to sort out his cashflow or face bankruptcy.
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RBS ‘pushed good businesses over the edge’
The bank pushed good businesses under to make more profit claims a government report to be published tomorrow. If true, RBS could be guilty of “systematic fraud”.
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Siobhan Kennedy
RBS: the good, the bad and the ugly
The taxpayer was hit with yet more bad news today, and the prospect of us ever exiting the RBS bank and getting our money back looks as far away as ever.
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We can get rid of toxic assets, says RBS boss
RBS CEO Ross McEwan tells Siobhan Kennedy his bank has shown over the last five years an “absolute ability” to shed its toxic loans and sell them to other people. “That’s a skill we have,” he says.
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RBS avoids split by fencing off assets into ‘bad bank’
Royal Bank of Scotland is to create an internal “bad bank” with £38bn of problem assets. In another development, RBS and Barclays have suspended several foreign exchange traders.
