Royal Bank of Scotland Group PLC


  • RBS to slash US mortgage business by two-thirds Tuesday, 27 May 2014 | 7:11 PM ET
    Man holding RBS umbrella.

    Royal Bank of Scotland will scale back business and cut hundreds of jobs in response to Federal Reserve regulations. The FT reports.

  • NEW YORK, May 27- The euro softened slightly against the dollar and yen on Tuesday after stronger U.S. economic data and uncertainty persisted over possible European Central Bank monetary policy action next month.

  • Sizzling market for US IPOs cooling down Friday, 23 May 2014 | 8:40 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Companies are reconsidering their approach to listings as enthusiasm for once-booming biotech and social media offerings has wavered. The FT reports.

  • HSBC, JPMorgan, Credit Agricole charged with rigging Tuesday, 20 May 2014 | 6:36 AM ET
    EU Headquarters in Brussels, Belgium.

    European Union antitrust regulators charged on Tuesday HSBC, JPMorgan and Credit Agricole with rigging financial benchmarks linked to the euro.

  • Will doom follow Japan's first quarter boom? Wednesday, 14 May 2014 | 11:09 PM ET
    Pedestrians cross a road in the Ginza district of Tokyo, Japan.

    While Japan clocked its fastest growth rate in over two years in the first quarter, economists warn it's too early to celebrate.

  • RBS's Citizens Financial unit files for IPO Monday, 12 May 2014 | 5:58 PM ET

    May 12- Citizens Financial Group Inc, the U.S. unit of the Royal Bank of Scotland, filed with U.S. regulators for an initial public offering of common stock that would raise about $100 million. Morgan Stanley, Goldman, Sachs& Co and JP Morgan are the lead underwriters for the IPO, the company said in a filing with the U.S. Securities and Exchange Commission on Monday.

  • NEW YORK, May 12- The euro held modest gains against the dollar and yen on Monday, unperturbed by the weekend referendum in Ukraine in which pro-Russian rebels declared victory in a self-rule vote, further escalating tensions.

  • These are bad days for big boys in high finance Sunday, 11 May 2014 | 3:52 PM ET
    Exterior of the New York Stock Exchange

    Whether on Wall Street or Fleet Street, this is not a happy time for big banks.

  • Euro weakens as Draghi hits brakes on rally Friday, 9 May 2014 | 12:58 PM ET

    The euro slid after strong words from European Central Bank chief Mario Draghi halted its march to a 2-1/2 year high.

  • NEW YORK, May 5- JPMorgan Chase& Co has won preliminary approval from a U.S. judge for its agreement to pay $280 million to resolve claims that it misled investors in billions of dollars worth of mortgage-backed securities. District Judge Pamela Chen, in Brooklyn, New York, issued the preliminary approval on Friday.

  • European shares end lower as Ukraine concerns weigh Friday, 2 May 2014 | 12:01 PM ET

    European markets closed lower in trade on Friday, despite a better-than-expected U.S. jobs number.

  • RBS profit triples; shares rocket Friday, 2 May 2014 | 3:19 AM ET
    A pedestrian passes a branch of Royal Bank of Scotland Group in London, U.K., on Friday, Nov. 1, 2013.

    Part-nationalized Royal Bank of Scotland trebled its profit in the first quarter, boosted by effective cost-control and waning impairment charges.

  • Japan’s jobs market is getting tighter Thursday, 1 May 2014 | 11:41 PM ET

    Apart from the closely-watched U.S. monthly jobs data, latest employment figures from the world's number three economy are not to be ignored.

  • NEW YORK, April 29- First Horizon National Corp will pay $110 million to resolve claims it misled Fannie Mae and Freddie Mac into buying mortgage-backed securities that later went sour, a U.S. regulator said on Tuesday. As part of the deal, First Horizon will pay $61.6 million to Fannie Mae and $48.4 million to Freddie Mac, the FHFA said.

  • WASHINGTON, April 28- A top U.S. regulator on Monday sharply criticized her agency for failing to revoke certain regulatory privileges afforded to the Royal Bank of Scotland Group Plc following a criminal plea deal by one of its units over manipulation of the Libor benchmark interest rate.

  • The 2nd U.S. Circuit Court of Appeals in New York said shareholders presented a "plausible claim" that a 12 percent drop on June 28, 2012, in the price of their American depositary shares stemmed from misrepresentations by Barclays and several officials, including one-time Chief Executive Robert Diamond.

  • How business leaders are failing the bonus tone test Friday, 25 Apr 2014 | 6:07 AM ET

    The often cozy relationship between major institutions and the board of big corporates seems to be fracturing in many cases.

  • *Russian troop movements along Ukraine border raise geopolitical tensions. NEW YORK, April 24- Rising tensions along the Russia/ Ukraine border on Thursday upstaged upbeat U.S. economic data and pulled the U.S. dollar off session highs against the euro and yen as risk aversion took precedence.

  • Euro in retreat after ECB easing remark, US data Monday, 14 Apr 2014 | 9:17 AM ET

    The euro fell after the European Central Bank said it will be forced to ease further if the currency keeps going up.

  • Lightning Round: RBS, Dianna Shipping & More Monday, 7 Apr 2014 | 6:38 PM ET

    It's time for the Lightning Round. Cramer makes the call on viewer favorites.