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Santander confirms offer for RBS branches
MADRID: Spanish bank Santander confirmed on Friday, June 18 it had made an offer for around 300 British branches of Royal Bank of Scotland, continuing an acquisition drive in spite of the regulatory uncertainty facing European banks.Santander said it was not possible to say when the tender process will end.it is the only bidder for [...]
RBS Says Sell Indonesia 20-Year Debt as Greece Deters Investors
May 05, 2010, 2:24 AM EDT
May 5 (Bloomberg) — Investors should sell Indonesia’s 20- year bonds as concern Greece’s debt crisis may stall the global economic recovery reduces appetite for riskier assets, according to Royal Bank of Scotland Group Plc.
“Given the negative correlation of Indonesian rupiah bonds to risk aversion and the [...]
RBS, Natwest announce banking aid for travellers
People whose travel plans have been disrupted by the appearance of a volcanic cloud over Europe have been offered a helping hand by Natwest and Royal Bank of Scotland (RBS).
ATM fees are set to be refunded to travellers who are stranded in a foreign country, with individuals needing to contact their bank with the details [...]
Lloyds tops FOS list with over 20,000 complaints
4 March 2010 | By Paul McMillan
The number of new complaints received by the Financial Omb-udsman Service against the big banking groups has increased significantly.
The figures, published this week, show new cases received in the last six months, with Lloyds Banking Group leading the way, followed by Barclays and Royal Bank of Scotland.
Lloyds got 20,190 [...]
'Edinburgh should lead financial reform'
Monday, March 08, 2010 Edinburgh should host a global conference on bank reform to strengthen its position in the financial sector, according to Reform Scotland chairman Ben Thomson.
Speaking at ‘Edinburgh: the next five years’ conference examining the Scottish capital’s aspirations, Thomson said the city should embrace regulatory and structural changes and “help lead them”.
Thomson [...]
Retailer Tesco Dives into British Banking
With U.K. banks reeling, the retail giant sees an opportunity Browse Issues
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London – It’s already the world’s third-largest retailer, selling everything from groceries to gasoline at more than 4,300 stores worldwide. now Britain’s Tesco figures it can persuade the 20 million customers who visit its U.K. stores each week to add banking [...]
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