Thursday, August 21, 2014 12:25 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.

Headlines Around the Web

Tomlinson report cut Lloyds criticism

Dec 04 - Financial Times

Articles About Royal Bank of Scotland

Australian Regulator Joins Global Probe of Forex Rates Rigging as Serious as 2012 Libor Rate Scandal

By IBTimes AU

The Australian Securities and Investment Commission (ASIC) is taking part in a global international investigation into foreign exchange rate riggings said to be as serious as the 2012 Libor rate scandal. (Mar 20)

MORE TOPICS: BARCLAYS, DEUTSCHE BANK, HSBC, JPMORGAN CHASE, AUSTRALIA, BANK OF ENGLAND

Logos are seen outside a branch of Barclays bank in London July 30, 2013.
US Regulator Sues 16 Banks for Rigging Libor Rate

By Reuters

The Federal Deposit Insurance Corp sued 16 of the world's largest banks, accusing them of cheating dozens of other now defunct banks by manipulating the Libor interest rate. (Mar 15)

MORE TOPICS: BARCLAYS, COURT, FDIC, LAWYER, LAWSUIT, ANTITRUST LAW, CITIGROUP, BANK OF AMERICA, DEUTSCHE BANK, HSBC, JPMORGAN CHASE

UK flag
Scottish Leader to take Independence Fight to London

By Reuters

An independent Scotland would be a prosperous country that would retain close ties with the United Kingdom if voters choose to go it alone in the September 18 referendum, Scottish leader Alex Salmond will say on Tuesday. (Mar 04)

MORE TOPICS: UNITED KINGDOM, BANK OF ENGLAND, RYANAIR, LONDON

Janet Yellen Says Federal Reserve Will Trim QE When US Economy Sustains Job Growth
Australian Stock Market Report – Morning 2/28/14

By Comsec

In US economic data, durable goods orders fell by a less than expected 1% in January after a 5.3% fall in December. Excluding transportation orders rose by 1.1% in January - the largest rise since May 2013. US jobless claims rose by an unexpected 14,000 to a seasonally adjusted 348,000 last week. (Feb 28)

MORE TOPICS: GOLD, FEDERAL RESERVE, DOW JONES, FTSE, TWITTER, FACEBOOK

Aam Aadmi Party's Revolutionary Road for 2014 Lok Sabha Elections

By IBTimes IN

While the Aam Aadmi Party (AAP) is steering steadily towards the upcoming Lok Sabha elections, its membership department has been propelling on full speed, since Arvind Kejriwal made a spectacular debut in the Delhi Assembly polls last year. (Jan 05)

MORE TOPICS: ELECTIONS, INFOSYS, CONGRESS

Australian Dollar Suffers Longest Drop in 28 Years After RBA Governor's Comment

By IBTimes UK

The Australian dollar dropped to 89.14 US cents on 13 December. (Dec 14)

MORE TOPICS: FEDERAL RESERVE, RETAIL SALES, AUSTRALIA, RETAIL

RBS Tipped to Respond to £4bn Shareholder Action Group Lawsuit

By IBTimes UK

12,000-strong RBOS Shareholder Action Group filed proceedings in London's High Court in April. (Dec 14)

MORE TOPICS: LAWSUIT, COURT, RETAIL, LAWSUIT

European Markets Climb Despite Rising Federal Reserve QE Taper Fears

By IBTimes UK

Ireland will exit its bailout programme this weekend. (Dec 13)

MORE TOPICS: GENERAL MOTORS, FEDERAL RESERVE, DEUTSCHE BANK, GOLDMAN SACHS, FTSE, RETAIL SALES

RBS Hit With $100m Fine for Violating US Iran Sanctions

By IBTimes UK

Embattled lender admits to ‘deeply regretting these failings’ (Dec 12)

MORE TOPICS: FEDERAL RESERVE, HSBC, COURT, SUDAN, NEW YORK, CUBA

RBS Shares Drop After Sudden Nathan Bostock Exit to Santander UK

By IBTimes UK

Bostock had only been RBS group finance director for ten weeks before departure. (Dec 11)

MORE TOPICS: LONDON STOCK EXCHANGE, LAW FIRM, SETTLEMENT, LONDON