Saturday, May 25, 2013 3:04 PM EST

Royal Bank of Scotland

The Royal Bank of Scotland plc (Scottish Gaelic: Banca Rìoghail na h-Alba) is one of the retail banking subsidiaries of the Royal Bank of Scotland Group plc, and together with NatWest and Ulster Bank, provides branch banking facilities throughout the British Isles. Royal Bank of Scotland has around 700 branches, mainly in Scotland though there are branches in many larger towns and cities throughout England and Wales. The Royal Bank of Scotland and its parent, the Royal Bank of Scotland Group, are completely separate from the fellow Edinburgh based bank, the Bank of Scotland, which pre-dates the Royal Bank of Scotland by 32 years. The Bank of Scotland was effective in raising funds for the Jacobite Rebellion and as a result, The Royal Bank of Scotland was established to provide a bank with strong Hanoverian and Whig ties.

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Articles About Royal Bank of Scotland

More takers for home loans in the UK
UK Home Loan Advances Rise 4.2% In April

By IBTimes UK

Banks and financial institutions sanctioned home loans worth £5bn in April, up from £4.8bn in March. (8:07 pm)

MORE TOPICS: BARCLAYS, HSBC, GDP, RETAIL, MORTGAGE, LONDON

China manufacturing
China Heads to Further Slowdown as Manufacturing Activity Contracts in May

By IBTimes UK

Preliminary HSBC China Manufacturing PMI showed a reading of 49.6 in May, indicating a contraction in activity. (May 23)

MORE TOPICS: CHINA, GOLDMAN SACHS, HSBC, JPMORGAN CHASE, UBS AG, MANUFACTURING

State-backed banks gain approval for capital plans

By Reuters UK

State-backed British lenders Lloyds Banking Group and Royal Bank of Scotland have agreed plans to shore up their capital with the financial regulator, removing a barrier to the government offloading its shares. (May 23)

MORE TOPICS: BARCLAYS, HSBC, BANK OF ENGLAND, NEW YORK, MANAGEMENT, INTERNATIONAL MONETARY FUND

IMF urges UK to spend more to fund investment

By Reuters UK

Britain's government should spend more now to fund investment and steer its economy back to recovery, the International Monetary Fund said on Wednesday, a call unlikely to be heeded by chancellor George Osborne. (May 23)

MORE TOPICS: IMF, EUROPEAN UNION, RETAIL SALES, RETAIL, BANK OF ENGLAND, INTERNATIONAL MONETARY FUND

State-backed UK banks gain approval for capital plans

By Reuters UK

State-backed British lenders Lloyds Banking Group and Royal Bank of Scotland have agreed plans to shore up their capital with the financial regulator, removing a barrier to the government offloading its shares. (May 22)

MORE TOPICS: BARCLAYS, HSBC, BANK OF ENGLAND, NEW YORK, MANAGEMENT, INVESTMENT

IMF urges Britain to do more to boost growth

By Reuters UK

The International Monetary Fund called on Britain's government on Wednesday to do more to speed up slow economic recovery, hinting that the country might be able to afford to borrow more to fund investment. (May 22)

MORE TOPICS: IMF, EUROPEAN UNION, INTERNATIONAL MONETARY FUND, INVESTMENT

UK regulator says satisfied with Lloyds, RBS capital plans

By Reuters

Britain's financial regulator said it had finalized capital requirements for Royal Bank of Scotland <RBS.L> and Lloyds Banking Group <LLOY.L> and was comfortable with their plans. (May 22)

RBS says no need to issue contingent capital

By Reuters UK

Royal Bank of Scotland said on Wednesday it would not have to issue contingent capital to meet new regulatory demands and expects to meet the requirements through its existing business plan. (May 22)

RBS to issue statement on capital position shortly - sources

By Reuters UK

Royal Bank of Scotland will issue a statement on its capital position later on Wednesday morning, sources familiar with the situation told Reuters. (May 22)

German state to buy more bank data in tax clampdown

By Reuters UK

The German state of North-Rhine Westphalia may buy more secret Swiss bank data to clamp down on tax evaders even as politicians seek diplomatic ways to end bank secrecy, its finance minister said on Monday. (May 21)

MORE TOPICS: MERRILL LYNCH, GERMANY, EUROPEAN UNION, MANAGEMENT, CREDIT SUISSE