[NEW YORK] Britain's Royal Bank of Scotland will pay US$4.9 billion to settle charges it misled investors on mortgage-backed securities ahead of the financial crisis, the US Justice Department...

[LONDON] A group of British lawmakers has criticised the Financial Conduct Authority (FCA) for not taking further action against Royal Bank of Scotland Group Plc after an investigation into the bank...

BRITAIN'S government on Tuesday said it had sold a small chunk of state-rescued Royal Bank of Scotland (RBS) for £2.5 billion (S$4.4 billion), albeit at a loss...

[LONDON] Britain's government sold 7.7 per cent of Royal Bank of Scotland shares for 2.5 billion pounds (S$4.45 billion) on Tuesday, realising a loss of more than two billion pounds on part of...

[LONDON] Britain announced Monday the resumption of the privatisation of the Royal Bank of Scotland, which was rescued with taxpayers' cash at the height of the global financial crisis...

HSBC Holding Plc's Saudi Arabia unit has offered to pay a 29 per cent premium to acquire Royal Bank of Scotland Group Plc's local venture in a US$5 billion stock deal. ...

ROYAL Bank of Scotland Group (RBS) cleared one of the last barriers keeping the UK from reducing its stake in the lender after it reached a tentative deal to pay US$4.9 billion to resolve a US...

US authorities on Tuesday hit the Royal Bank of Scotland (RBS) with a US$500 million penalty for "deceptive practices" in mortgage investments that it sold in the run-up to the global...

[NEW YORK] US authorities on Tuesday hit the Royal Bank of Scotland with a $500 million penalty for "deceptive practices" in mortgage investments it sold in the run-up to the global...