S&P lifts RBS's long-term credit rating to BBB
16th May 2019 15:50
(Sharecast News) - Standard&Poor's has revised its rating on Royal Bank of Scotland's long-term debt higher, arguing that its strengthened balance sheet and improved earnings have boosted the lender's ability to navigate the uncertain political and economic landscape in the UK.
Read moreEuropean Commission fines five banks €1bn for market rigging
16th May 2019 11:18
(Sharecast News) - Five major banks have been fined a total of €1.07bn by the European Commission on Thursday due to foreign exchange market-rigging that took place from 2007 to 2013.
Read moreUK MPs say banks putting poor, elderly at risk with branch closures
13th May 2019 08:27
(Sharecast News) - Britain's banks are putting the elderly and poor at risk through increasing branch closures, a powerful commons committee said on Monday.
Read moreMonday broker round-up
29th Apr 2019 13:25
(Sharecast News) - HomeServe: HSBC downgrades to reduce with a target price of 1,000p.
Read moreRBS warns on income growth as first-quarter profit falls
26th Apr 2019 07:07
(Sharecast News) - Royal Bank of Scotland warned that uncertainty over Brexit would weigh on income growth as falling revenue drove a 16% drop in the bank's first-quarter profit.
Read moreFriday preview: US Q1 GDP, RBS in focus
25th Apr 2019 14:44
(Sharecast News) - Barring surprises, the market spotlight at the end of the week will continue to be on the States, where the Department of Commerce is expected to publish a preliminary reading on first quarter GDP (consensus: 1.8%).
Read moreRoyal Bank of Scotland boss Ross McEwan quits
25th Apr 2019 08:01
(Sharecast News) - Royal Bank of Scotland chief executive Ross McEwan resigned on Thursday, stating that he leaves the bank "in a much stronger financial position" after five and a half years in the position.
Read moreFTSE 100 movers: Oil majors gain but airlines drop as Brent rallies
23rd Apr 2019 13:47
(Sharecast News) - London's FTSE 100 was up 0.8% at 7,522.51 in afternoon trade on Tuesday, with oil majors pacing the advance.
Read moreFX round-up: Pound edges higher, talks between Labour and Government in focus
15th Apr 2019 20:55
(Sharecast News) - Sterling edged up on Monday, following remarks from Foreign Secretary Jeremy Hunt, who said during a visit to Japan that talks with Labour - which are set to continue over the Easter recess - had been "more constructive than people thought".
Read moreRBS faces backlash for pursuit of govt-guaranteed loans
1st Apr 2019 11:25
(Sharecast News) - Royal Bank of Scotland is facing criticism for pursuing the owners of small and medium-sized companies for debts that have already been settled by the government in a taxpayer-backed loan scheme.
Read moreSector movers: Personal goods knocked, banks boosted
27th Feb 2019 15:37
(Sharecast News) - Retailers and personal goods companies were not well liked on Wednesday, while banks were higher despite the travails of Metro Bank.
Read moreMonday broker round-up
25th Feb 2019 13:44
(Sharecast News) - WPP Group: Shore Capital Markets upgrades to buy.
Read moreConsensus underestimating potential for higher dividends from RBS, Berenberg says
20th Feb 2019 13:37
(Sharecast News) - Analysts at Berenberg reiterated their 'buy' stance and 340.0p target price on RBS stock despite the shares' outperformance year-to-date, arguing that there was scope for "material" capital returns of roughly 12% per year and that the lender continued to be "undervalued".
Read moreWednesday broker round-up
20th Feb 2019 13:19
(Sharecast News) - Ocado: Peel Hunt downgrades to hold with a target price of 110p.
Read moreRBS declares special dividend after doubling profits
15th Feb 2019 07:09
(Sharecast News) - Royal Bank of Scotland doubled profits last year and celebrated by declaring a special payout on top of an ordinary dividend.
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