Scotland Group Plc

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  • G-20 Splits on Tobin Tax, Signals Banks Should Cover Bailouts

    Nov 8th, 2009 - Bloomberg

    G-20 Splits on Tobin Tax, Signals Banks Should Cover BailoutsNov. 9 (Bloomberg) -- Group of 20 governments signaledbanks will be forced to cover a greater cost of future bailoutseven as they split over whether that should be achieved bytaxing financial trading.

  • A New Era of UK-Bank Competition?

    Nov 6th, 2009 - Wall Street Journal

    A New Era of UK-Bank Competition?LONDON -- Generating more retail-banking competition in the U.K. may be more difficult than expected, despite moves this week intended to lure new competitors to the market...

  • Royal Bank of Scotland posts $3 billion Q3 loss

    Nov 6th, 2009 - BusinessWeek

    Government-controlled Royal Bank of Scotland Group PLC on Friday reported a net loss of 1.8 billion pounds ($3 billion) despite an improvement in underlying profits and said lending to small- and medium-sized companies increased 5 percent.

  • RBS Bad-Debt Chgs Hits Ops, But Stabilizing

    Nov 6th, 2009 - Wall Street Journal

    (Adds detail and CEO comment.) LONDON (Dow Jones)--Royal Bank of Scotland Group PLC (RBS), which is about to see its government ownership rise to 84%, on Friday said it continued to be hit by high bad-debt charges in the third quarter...

  • Royal Bank of Scotland posts $3 billion 3Q loss

    Nov 6th, 2009 - Boston

    LONDON—Government-controlled Royal Bank of Scotland Group PLC on Friday reported a net loss of 1.8 billion pounds ($3 billion) but that underlying profits had improved and lending to companies increased 5 percent.

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