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#Royal Bank of Scotland

# royal-bank-of-scotland - Wednesday 27 November, 2019

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’.

# royal-bank-of-scotland - Sunday 2 September, 2018

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.

# royal-bank-of-scotland - Thursday 10 May, 2018

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.

# royal-bank-of-scotland - Tuesday 12 January, 2016

One bank is telling investors to 'sell everything' as stock markets tank

Everybody’s worried about China.

# royal-bank-of-scotland - Thursday 11 June, 2015

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.

# royal-bank-of-scotland - Thursday 11 September, 2014

RBS says it will move to England in case of Scottish independence

The Royal Bank of Scotland is 81% owned by the British state.

# royal-bank-of-scotland - Monday 25 November, 2013

Ulster Bank parent company 'forced small firms to default' RBS

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.

# royal-bank-of-scotland - Friday 1 November, 2013

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”.

# royal-bank-of-scotland - Thursday 20 June, 2013

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.

# royal-bank-of-scotland - Wednesday 19 June, 2013

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.

# royal-bank-of-scotland - Monday 10 June, 2013

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’.

# royal-bank-of-scotland - Tuesday 4 June, 2013

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.

# royal-bank-of-scotland - Friday 3 May, 2013

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.

# royal-bank-of-scotland - Thursday 28 February, 2013

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.

# royal-bank-of-scotland - Sunday 20 January, 2013

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.

# royal-bank-of-scotland - Friday 12 October, 2012

RBS says Santander has pulled out of €2 billion branch deal

Disappointing news breaking tonight for the bailed out British bank.

# royal-bank-of-scotland - Wednesday 5 September, 2012

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.

# royal-bank-of-scotland - Saturday 4 August, 2012

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).

# royal-bank-of-scotland - Friday 3 August, 2012

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.

# royal-bank-of-scotland - Monday 16 July, 2012

Ulster Bank: now showing account balances

But they may not be accurate yet.

# royal-bank-of-scotland - Monday 2 July, 2012

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.

# royal-bank-of-scotland - Sunday 1 July, 2012

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.

# royal-bank-of-scotland - Saturday 30 June, 2012

Ulster Bank branches open this weekend

Efforts to clear backlog of customer transactions continue.

# royal-bank-of-scotland - Friday 4 May, 2012

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”.

# royal-bank-of-scotland - Monday 30 January, 2012

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’.

# royal-bank-of-scotland - Saturday 28 January, 2012

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).

# royal-bank-of-scotland - Wednesday 11 January, 2012

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

# royal-bank-of-scotland - Monday 12 December, 2011

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.

# royal-bank-of-scotland - Tuesday 16 August, 2011

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.

# royal-bank-of-scotland - Friday 5 August, 2011

RBS reports £1.43bn net loss as Irish customers struggle with loans RBS

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

# royal-bank-of-scotland - Tuesday 7 June, 2011

Banks and UK taxpayer take stakes in HMV as part of rescue package HMV

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.

# royal-bank-of-scotland - Thursday 2 June, 2011

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.

# royal-bank-of-scotland - Friday 20 May, 2011

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.

# royal-bank-of-scotland - Friday 6 May, 2011

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.

# royal-bank-of-scotland - Thursday 17 February, 2011

From The42 Hicks forced to pursue any damages through British legal system 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.

# royal-bank-of-scotland - Friday 5 November, 2010

Ulster Bank loses €201m between July and September

The Irish operations of the Royal Bank of Scotland report significant losses for the third quarter.

# royal-bank-of-scotland - Friday 15 October, 2010

From The42 It's done! Liverpool confirms sale to NESV – as old owners seek $1.6bn damages 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.

From The42 Liverpool takeover could (finally) be complete today 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.

# royal-bank-of-scotland - Thursday 14 October, 2010

From The42 What the hell is going on at Liverpool FC?

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.

# royal-bank-of-scotland - Tuesday 12 October, 2010

From The42 Judgement on Liverpool dispute to be delivered tomorrow

Judgement on Liverpool dispute to be delivered tomorrow

There’ll be no decision on whether the Royal Bank of Scotland can force through the sale of Liverpool FC until tomorrow.

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