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20 May 2020 09:48

Royal Bank Of Scotland Prices Issue Of USD1.60 Billion In Senior Notes

19 May 2020 12:21

FOCUS-British backing gives some RBS investors comfort in crisis

* Long-awaited taxpayer exit could now be decade away* Capital stockpile could be used to deliver lending* Investors hope for payouts in the medium termBy Sinead Cruise and Iain WithersLONDON, May 19 (Reuters) - Best known as Britain's biggest finan...

19 May 2020 12:21

FOCUS-British backing gives some RBS investors comfort in crisis

18 May 2020 15:44

NatWest appoints Westpac executive as retail banking boss

LONDON, May 18 (Reuters) - British state-backed bank NatWest has appointed Westpac executive David Lindberg as chief executive of its retail banking business.Lindberg will be tasked with steering one of Britain's largest retail banks through the c...

12 May 2020 23:04

UPDATE 1-U.S. federal court tells SEC, Justice Dept to review RBS whistleblower case

(Recasts first sentence to reflect court order, adds details of decision and implications, other details)By Michelle Price and Sinead CruiseWASHINGTON/LONDON, May 12 (Reuters) - The U.S. Justice Department and Securities and Exchange Commission mus...

12 May 2020 13:49

Keep trading from the kitchen: UK bankers face months more of homeworking

By Huw JonesLONDON, May 12 (Reuters) - Many of the City of London's bankers and traders will be working from their kitchens or bedrooms for at least a year under some scenarios being planned by finance companies in Britain.Banks, insurance compani...

12 May 2020 10:25

U.S. federal court to consider payout suit brought by RBS whistleblower

* Former RBS risk manager claims bounty unlawfully denied -filings* Court may rule for payout, force authorities to reconsider claim* Unclear why agencies deemed RBS fine was ineligible - filingsBy Michelle Price and Sinead CruiseWASHINGTON D.C./L...

7 May 2020 10:38

RPT-UPDATE 3-British banks can withstand pandemic fallout on economy -BoE

(Repeats to fix formatting, no changes to text)* BoE's stress test based on economic scenario for pandemic* Test assumed GDP drop by almost 30% in Q2 vs Q4 last year* Shows lender's capital buffers sufficient to absorb losses* Would also sufficient t...

7 May 2020 10:38

UPDATE 3-British banks can withstand pandemic fallout on economy -BoE

(Repeats to adds PIX)** BoE's stress test based on economic scenario for pandemic* Test assumed GDP drop by almost 30% in Q2 vs Q4 last year* Shows lender's capital buffers sufficient to absorb losses* Would also sufficient to help the corporate sect...

7 May 2020 09:33

UPDATE 2-UK shares end shortened week on upbeat note

(Updates with closing prices. The London market is closed on Friday for a public holiday. Reuters will continue coverage on Monday, May 11)* FTSE 100 up 1.4%, FTSE 250 adds 1.7%* China exports rise for the first time this year* Lenders gain after u...

7 May 2020 09:31

UK banks' lending to COVID-19-hit firms rises to 5.5 bln pounds

LONDON, May 7 (Reuters) - British banks' lending to firms hit by the coronavirus under the government's main loan guarantee scheme for small and medium-sized firms has risen to 5.5 billion pounds ($6.8 billion) from 4.1 billion pounds last week, ...

7 May 2020 08:04

RPT-UPDATE 1-British banks can withstand pandemic fallout on economy -BoE

(Repeats to additional clients, no change to text)LONDON, May 7 (Reuters) - A "desk top" stress test has shown that top banks and building societies could keep lending to an economy hit by anticipated fallout from the coronavirus pandemic, the Ban...

7 May 2020 07:47

UPDATE 3-British banks can withstand pandemic fallout on economy -BoE

** BoE's stress test based on economic scenario for pandemic* Test assumed GDP drop by almost 30% in Q2 vs Q4 last year* Shows lender's capital buffers sufficient to absorb losses* Would also sufficient to help the corporate sector finance cash (Ad...

7 May 2020 07:47

UPDATE 2-British banks can withstand pandemic fallout on economy -BoE

(Adds detail)By Huw JonesLONDON, May 7 (Reuters) - A stress test has shown that Britain's top banks and building societies could keep lending to an economy that shrinks by almost 30% in the coronavirus pandemic, the Bank of England said on Thursda...

7 May 2020 07:47

UPDATE 1-British banks can withstand pandemic fallout on economy -BoE

(Adds more detail)LONDON, May 7 (Reuters) - A "desk top" stress test has shown that top banks and building societies could keep lending to an economy hit by anticipated fallout from the coronavirus pandemic, the Bank of England said on Thursday.Th...

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