All Entries Tagged With: "RBS"
Mortgage Rate Cuts: RBS, Abbey and NatWest all drop rates
Royal Bank of Scotland (RBS) which include NatWest have announced that they will be reducing several of its mortgage rates on fixed terms by between 0.35 percent and 0.6 percent. Abbey National Building Society has also said they will be lowering its three-year deal offering a new rate of 5.39 percent, with this deal you [...]
FTSE-100 slumps led by Barclays and RBS: Industrial metals sink
Another bad day on the London Stock Exchange with the FTSE-100 index tumbling 4.3 percent or 183.08 to 4,046.65 (at 4.16pm) this was accompanied by a fall on the FTSE All-Share index with a fall of 4.2 percent.
Barclays Plc led the way by sliding 6.4 percent to 227p with the Royal Bank of Scotland (RBS) [...]
FTSE-100 tumbled: Vodafone and RBS most traded stocks
After a positive three days the FTSE-100 index slumped today closing 1.24 percent down or 52.94 points to 4,229.73. Although at one stage today it saw a rise of 1.5 percent.
However the news warning that America is already facing recession sent British stocks down again. Ireland’s ISEQ index gained 4.8 percent whilst the FTSE [...]
RBS shares rocket, HBOS fall, FTSE-100 strong gains
Royal Bank of Scotland (RBS) saw a huge boost in its share price today after talks regarding a cash injection from selling stakes in its insurance division. Shares in RBS jumped 15.9p to 84.5p.
Reports that reinsurer Swiss Re and CVC the private equity group could pay about £3 billion for a 51 percent share of [...]
Government bullies small investors to agree to £37bn bank plan
Small investors who own shares in Britain’s banks are outraged with the government’s decision to part-nationalise the banks, accusing the government of using bullying tactics and allowing political operations to get in the way of sound commerce.
The directors of the UK shareholders Association (UKSA) Roger Lawson clarified how
FTSE 100 up as RBS and HBOS-Lloyds-TSB Bailout begins
October 13. saw a positive start on the FTSE 100 opening 1 percent higher and within 10 minutes of trading shot up 5 percent or 211 points at 4143.
News that the UK government have started nationalizing the Royal Bank of Scotland and HBOS by pumping £37 billion of taxpayers’ money into the troubled banks. Taxpayers [...]
Crisis Update: RBS lose majority stake to government
Government sources have confirmed that plans have been drawn to take a majority stake in Royal Bank in Scotland and large holdings in Barclays, HBOS and Lloyds TSB under the £500 billion bailout plan to unfreeze the frozen credi
RBS and NatWest will lower their mortgage rates
Royal Bank of Scotland (RBS) and NatWest have announced cuts in their mortgage rates on their Offset Flexible Mortgage product by 0.5 percent the report comes a day after the Bank of England cut the base interest rate by half a percent.
The Bank of England base rate change will take effect from November
RBS shares plummet 7.9 percent amid Fortis talks
The second biggest faller on Britain’s FTSE 100 was RBS, even though the banking giant confirmed reports that there would be no change to the RBS business after the sale of Fortis interests
We are sorry says RBS chief Executive Sir Fred Goodwin
We all have our bad days but Royal Bank of Scotland’s chief executive Sir Fred Goodwin wins hands down as he explains to the shareholders why his bank is
Record loss of £691m for Royal Bank of Scotland
Royal Bank of Scotland has made history today announcing one of the biggest losses in UK corporate history. RBS reported a pre-tax loss of almost £700 million in the
Royal Bank of Scotland (RBS) to sell ABN Amro
Royal Bank of Scotland (RBS) want to sell their New Zealand operations of ABN Amro, this is the Dutch bank that they purchased just last year. It is reported that National Australia Bank was in talks with RBS to buy ABN’s investment and corporate banking units.
As we mentioned above, it was just last year when [...]