Lenders may have to charge customers more because of the cost of separating investment banking and retail operations, the Royal Bank of Scotland Group Plc Chairman Philip Hampton told the Sunday Telegraph. The banks will probably pass on the cost to ...
Royal Bank of Scotland Group Plc, Britain's biggest government-owned lender, has injected as much 770 million pounds ($1.24 billion) into its Ulster Bank unit to absorb losses from the collapse of Ireland's real estate bubble.
Lloyds joins Royal Bank of Scotland Group Plc, Citigroup Inc., UBS AG, Deutsche Bank AG and ICAP Plc in suspending, dismissing or putting on leave traders as part of the investigations into interest-rate manipulation.
Royal Bank of Scotland Group Plc lost its bid to block Highland Capital Management LP from suing it in Texas for fraud and unjust enrichment in the collapse of a collateralized-debt obligation, a London judge ruled.