- MarketWatch•4 hours ago
U.K. blue-chip stocks turn losses into gains in afternoon trade on Tuesday, with banks leading the charge higher as part of a broader European rally in financial shares.
- Financial Times•yesterday
More than 27,000 investors are pushing ahead with plans to take Royal Bank of Scotland and its former chief executive Fred Goodwin to court, despite the bank reaching a settlement with hundreds of other ...
Royal Bank of Scotland (RBS.L) has agreed to pay 800 million pounds ($1 billion) in an out-of-court settlement over allegations it misled shareholders during a 12 billion pound fundraising at the height of the financial crisis. The state-controlled British bank said on Monday it had struck a deal with three parties of institutional investors, who were among five separate claimant groups suing RBS for more than 4 billion pounds for alleged omissions and misstatements. Investors lost around 80 percent of their money when RBS collapsed just months after the 2008 cash call and was rescued in a more than 45 billion pound government bailout.
RBS.L : Summary for ROYAL BANK OF SCOTLAND GROUP PL - Yahoo Finance
The Royal Bank of Scotland Group plc (RBS.L)
LSE - LSE Delayed Price. Currency in GBp
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|Bid||193.20 x 654700|
|Ask||212.00 x 41000|
|Day's Range||197.30 - 209.70|
|52 Week Range||148.40 - 310.20|
|PE Ratio (TTM)||-463.64|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|