The UK launched a second bank rescue plan on Monday. One of the recipients, Royal Bank of Scotland, said it lost over £20 billion ($29.3 billion) last year and Japan said bad loans worldwide had further to climb. The UK …
Royal Bank of Scotland looks increasingly likely to shelve plans to sell its insurance arm and turn instead to other smaller deals to top up its capital. RBS announced plans to sell Britain’s largest car insurer in April. But the …
Royal Bank of Scotland’s performance and write downs on risky assets remain in line with its previous guidance, but its results will be held back by the impact of the global credit crunch, it said on Wednesday. RBS said it …
Rivals are circling Royal Bank of Scotland’s insurance arm as a bid deadline approaches, but aside from Zurich Financial Services, few may have the desire and firepower to buy Britain’s largest motor insurer. RBS Insurance was put on the block …
Rivals are circling Royal Bank of Scotland’s insurance arm as a bid deadline approaches, but aside from Zurich Financial Services, few may have the desire and firepower to buy Britain’s largest motor insurer. RBS Insurance was put on the block …
