Readers like you keep news free for everyone.

More than 5,000 readers have already pitched in to keep free access to The Journal.

For the price of one cup of coffee each week you can help keep paywalls away.

Support us today
Not now
Sunday 28 May 2023 Dublin: 15°C

# Royal Bank of Scotland

All time
# Forex
EU fines major banks €344 million over foreign exchange trading cartel
Barclays, Royal Bank of Scotland, HSBC and Credit Suisse all received fines.
# bóshit
Royal Bank of Scotland has called its new app Bó
Although bó is the Irish word for ‘cow’, RBS makes no reference to this in its lengthy press release called ‘What’s In A Name’.
# Brexit
RBS, which owns Ulster Bank, is 'planning for the worst' amid talk of no-deal Brexit
RBS is setting up a new European subsidiary in Amsterdam to serve customers on the continent.
# us mortgage crisis
RBS, which owns Ulster Bank, agrees to pay €4.1 billion fine
The bank has been fined by the US Justice Department over its role in the subprime mortgage crisis.
# freak out
One bank is telling investors to 'sell everything' as stock markets tank
Everybody’s worried about China.
# Uh oh
The UK is staring down the barrel of a massive loss on Ulster Bank parent RBS
The country’s government plans to start offloading its shares in the bailed-out bank.
# outta here
RBS says it will move to England in case of Scottish independence
The Royal Bank of Scotland is 81% owned by the British state.
Ulster Bank parent company 'forced small firms to default'
A report by the British government has alleged that Royal Bank of Scotland hit healthy businesses with charges and rates that forced them to close allowing bank to seize their assets at a lower price.
# Bad Bank
Ulster Bank assets to be transferred to RBS 'bad bank'
The UK taxpayer rescued RBS says it will conduct a review of Ulster Bank “for supporting the Northern Irish and Irish economies”.
# Ulster Bank
British chancellor hints at Ulster Bank sell-off
George Osborne told bankers last night that a review is to be carried out into breaking up Royal Bank of Scotland, Ulster Bank’s parent company.
# Bankers
Senior bankers who put taxpayers' money at risk should be jailed
A report by a parliamentary commission on banking in the UK has recommended widespread reform to the sector.
# Bailout
A British newspaper claims Ireland got a £10bn 'back-door bailout' from the UK
The Times reports that the UK’s £45 billion bailout of Ulster Bank’s parent Royal Bank of Scotland five years ago amounts to an ‘injection into the Republic’.
# Banking
British government 'wants Ireland to buy Ulster Bank' - report
The BBC says the Treasury will give up ownership of Ulster Bank in exchange for the British loans currently held by NAMA.
# Turning a corner?
Ulster Bank lost €1,500 a minute in the first three months of 2013
The British-owned bank continued to post an operating profit – but saw its gains worn away as it wrote off €285m of debts.
# Ulster Bank
Ulster Bank parent company lost nearly €6bn in 2012
Royal Bank of Scotland, which is majority owned by the British government, took a £5 billion charge for loan impairments last year.
# Bailout
State-owned British banks ‘bailed out Irish ones by €16bn’ – report
The Sunday Telegraph says a quarter of the British taxpayer’s bailouts of RBS and Lloyds has gone to Ireland.
# Banking
RBS says Santander has pulled out of €2 billion branch deal
Disappointing news breaking tonight for the bailed out British bank.
# Ulster Bank
British watchdog to examine IT failure at Ulster Bank
The Financial Services Authority is to conduct an investigation into the systems failure at the Royal Bank of Scotland.
# Ulster Bank
Ulster Bank says 'normal service resumed' for most customers
Banking group Royal Bank of Scotland said the cost of cleaning up the Ulster Bank technical ‘glitch’ – including redress to customers – would cost stg£28m (€35.5m).
# Ulster Bank
RBS sets aside stg£28m for Ulster Bank tech 'glitch'
Interim results report clarifies the amount being earmarked for both redress for beleaguered Ulster Bank customers in Ireland and the costs associated with dealing with the system failure.
# technical glitch
Ulster Bank: now showing account balances
But they may not be accurate yet.
# Ulster Bank
Ulster Bank now doesn't know when normal service will be resumed
Customers continue to experience problems with their accounts 12 days after they first started experiencing difficulties.
# Libor
RBS traders fired months ago over rate-fixing - report
Revelation comes after RBS confirmed it is one of the banks being investigated over manipulation of inter-bank lending rates.
# Ulster Bank
Ulster Bank branches open this weekend
Efforts to clear backlog of customer transactions continue.
# Ulster Bank
Ulster Bank loses €381m in first quarter of 2012
Irish banking operations are a major drain on RBS’s global operations, with the Irish banking sector remaining “challenging”.
# Bankers' Bonuses
Under-fire RBS chief Stephen Hester waives £1m bonus
Stephen Hester, whose bank is 82 per cent owned by the British taxpayer, gives up his bonus to avoid becoming a ‘pariah’.
# Bankers
Public outcry over banker's €1 million bonus
The head of Royal Bank of Scotland is on a salary of £1.2 million (€1.4 million) and last year received a bonus worth around £2 million (€2.38 million).
# Ulster Bank
Ulster Bank says it won't comment on potential job cuts
There is speculation that the British-owned bank could be about the shed jobs from its 5,000 strong workforce
# Ulster Bank
Ulster Bank lost €925m in deposits when Bank Guarantee kicked in
The Irish arm of RBS lost £732 million in deposits in the four days after the government guaranteed its native competitors.
# Cluster bombs
Amnesty International ‘regrets’ accusing Aviva of investing in cluster bomb-makers
Human rights group forced into U-turn after statement this morning was found to have ‘out-of-date information’ on Aviva.
RBS reports £1.43bn net loss as Irish customers struggle with loans
Greek bonds and Irish customers at RBS’ Ulster Bank operation caused a major dent in the Royal Bank of Scotland’s earnings
Banks and UK taxpayer take stakes in HMV as part of rescue package
The British-owned entertainment chain secures a €250m lifeline to stay alive, but the deal comes at a cost.
# warning
Without a default or second bailout, 'Ireland will have to wait until 2018 to return to markets'
The warning came from a senior British banker who was speaking to 100 Irish business people in London this week and comes amid persistent government denials that second bailout will be needed.
# Superinjunction
The end for superinjunctions? Media to be allowed to attend hearings
Reporters could be allowed into a court room when an injunction is being granted. However, they are likely to still be restricted in what they can reveal.
# Ulster Bank
Ulster Bank posts €441m loss for first three months of 2011
Provisions for bad loans and support for mortgage customers drag down profits at the Irish subsidiary of RBS.
# Legal Wrangle
Hicks forced to pursue any damages through British legal system
Former Liverpool owner will have to file his damages lawsuit in Britain after the High Court refused to lift an anti-suit injunction earlier today.
# Ulster Bank
Ulster Bank loses €201m between July and September
The Irish operations of the Royal Bank of Scotland report significant losses for the third quarter.
# Liverpool Takeover
It's done! Liverpool confirms sale to NESV – as old owners seek $1.6bn damages
Tom Hicks and George Gillett withdraw their injunction – but get set to seek a billion-dollar payout in damages.
# Liverpool Takeover
Liverpool takeover could (finally) be complete today
The Texas court that issued the outstanding injunction against Liverpool’s sale could remove that ban today.
What the hell is going on at Liverpool FC?
Our somewhat condensed guide to who’s who, what’s what, and why the American courts are involved.