RBS will no longer provide financing for new coal fired power stations, new thermal coal mines, oil sands projects, artic coal projects and unsustainable vegetation or peatland clearance projects. read more

JUN 1, 2018 - 6:59 am

Sky News reported that the Royal Bank of Scotland has enlisted KPMG to auction the offshore assets of its Lombard asset finance group in a sale expected to deliver £200 million ($265.4 million). read more

NOV 1, 2017 - 6:59 am

According to Hellenic Shipping News, there was a $42.5 billion decrease in ship lending in 2016, partially attributed to the drop to the exit of Commerzbank and Royal Bank of Scotland from the market. read more

JUL 10, 2017 - 6:55 am

Bloomberg reported that the UK’s Financial Conduct Authority is probing the Royal Bank of Scotland for moving healthy small businesses into a restructuring group to purchase their assets at lower prices. read more

OCT 10, 2016 - 7:28 am

The Wall Street Journal reported that 20 of the world’s biggest banks have lost 25% of their aggregate market value — approximately $465 billion — according to data from FactSet. read more

JUL 11, 2016 - 6:50 am

Bloomberg reported seven banks have agreed to pay $324 million to settle claims they conspired to rig an interest rate benchmark used in the derivatives market. read more

MAY 4, 2016 - 6:40 am

According to the Wall Street Journal, federal prosecutors are pursuing criminal cases against executives of Royal Bank of Scotland and J.P. Morgan Chase for allegedly selling flawed mortgage securities. read more

NOV 20, 2015 - 7:43 am

Reuters has reported that the Royal Bank of Scotland is beginning to terminate its Greek operation and is putting its $5 billion shipping loans portfolio up for sale. read more

JUL 13, 2015 - 7:07 am