Brexit tail-risks for UK banks are rising, JP Morgan says
5th Sep 2018 15:17
(Sharecast News) - Analysts at JP Morgan sounded an upbeat note on shares of UK lenders on Wednesday, even as they warned that Brexit 'tail-risks' were rising.
Read moreRBS to close another 54 branches, axe 258 jobs
5th Sep 2018 12:34
(Sharecast News) - Royal Bank of Scotland will close another 54 branches in January and axe 258 jobs following a review of its branch network in England and Wales, in a move that union Unite branded "utterly disgusting".
Read moreSunday newspaper round-up: No-deal Brexit, UK banks, Melrose, GVC
27th Aug 2018 18:12
(Sharecast News) - Theresa May is to hold a cabinet crisis summit to prepare for a no-deal Brexit amid fears that a cabinet row between remainers and Brexiteers will stop Britain going it alone, and undermine her negotiating position with Brussels.
Read moreHSBC trims Lloyds target price and upgrades RBS, but prefers Barclays
17th Aug 2018 14:41
(Sharecast News) - Analysts at HSBC sounded a more positive note on RBS and Barclays on Friday, but not Lloyds, following the 15-20% decline in their share prices over the past three months, on the back of concerns around geopolitics (and Brexit).
Read moreRBS last in UK bank league tables
15th Aug 2018 14:32
(Sharecast News) - State-owned Royal Bank of Scotland has come joint bottom of the personal banking customer services league table, along with Clydesdale, according to first time figures released on Wednesday.
Read moreRBS confirms dividend after final agreement on DoJ penalty
15th Aug 2018 08:14
(Sharecast News) - Royal Bank of Scotland overnight confirmed the final cash settlement of $4.9bn (£3.7bn) had been agreed with the US Department of Justice a penalty for the bank's misselling of residential mortgage-backed securities in the run-up to the financial crisis.
Read moreMonday broker round-up
13th Aug 2018 13:25
(Sharecast News) - Clarkson: Liberum upgrades to buy with a target price of 3,200p.
Read moreFriday broker round-up
10th Aug 2018 12:58
(Sharecast News) - Rolls Royce: JP Morgan downgrades to underweight with a target price of 965p.
Read moreUBS expects RBS to deliver 'significant special dividends or buybacks'
10th Aug 2018 11:32
(Sharecast News) - Royal Bank of Scotland's earnings and excess capital are being undervalued by the market, said UBS on Friday, upgrading the shares to 'buy' from 'neutral'.
Read moreRBS promises first dividend since financial crisis
3rd Aug 2018 07:05
(Sharecast News) - Royal Bank of Scotland declared its first dividend in 10 years despite a mixed set of first half results, but generally beating City forecasts.
Read moreFCA to take no action against RBS over GRG scandal
31st Jul 2018 10:23
(Sharecast News) - The Financial Conduct Authority said it would take no action against Royal Bank of Scotland or former managers of the bank's GRG unit over its treatment of small business customers.
Read moreLondon midday: Stocks come off lows, analysts cautious ahead of BoE
30th Jul 2018 11:51
(Sharecast News) - Stocks have come off their lows of the session, with traders opting to sit on their hands ahead of key policy announcements from two of the main foreign central banks scheduled for later in the week and before a keenly awaited decision on interest rates from the Bank of England, on Thursday.
Read moreFCA may force banks to pay minimum savings rate
25th Jul 2018 08:26
(Sharecast News) - The Financial Conduct Authority has proposed forcing banks to pay a minimum rate of interest on cash savings to stop companies taking advantage of customers.
Read moreChoose cautious RBS over risky Lloyds, Berenberg says
23rd Jul 2018 10:49
(Sharecast News) - UK banks are out of favour with investors but it is possible to differentiate between the riskiest, Lloyds Banking Group and Royal Bank of Scotland, whose cautious strategy is paying off, Berenberg analysts said on Monday.
Read moreRBS to provide fund for challenger banks, costing £750m
19th Feb 2017 16:08
(ShareCast News) - Royal Bank of Scotland will be forced to supply funding to 'challenger' banks and allow access to its branches to help increase competition for SME business banking as part of a new deal by the Treasury with European regulators that means the bank will not have to sell off its 300
Read more