RBS.L - The Royal Bank of Scotland Group plc

LSE - LSE Delayed Price. Currency in GBp
273.30
-2.30 (-0.83%)
At close: 4:39PM BST
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Previous Close275.60
Open274.20
Bid260.00 x 654700
Ask285.00 x 41000
Day's Range270.60 - 275.70
52 Week Range239.60 - 304.20
Volume8,490,217
Avg. Volume16,647,052
Market Cap32.822B
Beta0.31
PE Ratio (TTM)43.38
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Reuters9 hours ago

    Croatian police arrest suspect behind global cyber attack platform

    Croatian police said on Wednesday they had arrested a 19-year old man they suspect of being behind an illegal internet service for cyber attacks called Webstresser.org. A police statement said the site allowed users to pay for so-called Distributed Denial of Service (DDoS) attacks, which would shut down or slow websites by flooding them with data. Webstresser.org had 136,000 registered users and recorded four million cyber attacks by April this year, the statement said.

  • Reuters9 hours ago

    Croatian police arrest suspect behind global cyber attack platform

    Croatian police said on Wednesday they had arrested a 19-year old man they suspect of being behind an illegal internet service for cyber attacks called Webstresser.org. A police statement said the site allowed users to pay for so-called Distributed Denial of Service (DDoS) attacks, which would shut down or slow websites by flooding them with data. Webstresser.org had 136,000 registered users and recorded four million cyber attacks by April this year, the statement said.

  • Reuters19 hours ago

    TSB bank customers say online services still not fixed

    TSB, owned by Spain's Banco Sabadell, on Tuesday had said it needed to take its mobile application and online banking down for a "few hours" after working for 48 hours to fix the problems. "Our mobile banking app and online banking are now up and running.

  • Reuters19 hours ago

    Metro Bank shares tumble as dwindling capital takes shine off profits

    Shares in Metro Bank, which was founded in 2010 to help break up the dominance of Britain's biggest banks, were trading 11.2 percent lower at 31.24 stg by 0937 GMT after flagging the likely fundraising in its first quarter results. Goodbody analyst John Cronin said institutional shareholders could tire of cash calls, especially because the lender's share price has remained relatively flat since its last capital raise in July 2017. "The money we'll be raising is purely growth capital," Metro's CEO Craig Donaldson told Reuters.

  • Reuters19 hours ago

    Irish Central Bank identifies 3,400 more overcharged mortgage customers

    Ireland's main banks must compensate another 3,400 mortgage customers they overcharged for years, the Central Bank said on Wednesday, bringing the total of affected borrowers to 37,100. The industry-wide probe concerns customers who should have been given the option of a cheaper "tracker" mortgage that follows the low European Central Bank rate or kept on a better rate. The Central Bank said 459 million euros had been paid in redress by the end of March, an increase of 162 million euros since the end of last year, including 11 customers who received in excess of 500,000 euros each due to loss of ownership.

  • Reuters22 hours ago

    Income funds turn sights on UK banks as end of PPI saga draws closer

    Huge payouts to customers mis-sold mortgage and credit card payment protection insurance (PPI) have cost British banks dearly for years, but the end may be in sight and income fund managers are starting to show renewed interest in the sector. Millions of borrowers were sold unsuitable PPI policies, but a deadline for customer compensation claims has been set for August 2019 and investors are already becoming more bullish about the prospects of capital returns from the banks through dividends or buybacks. "What we're anticipating ... is actually that PPI hindrance goes away and we can get significant yield growth from these companies," said Ed Meier, who runs the Old Mutual UK Equity Income Fund.

  • Reuters2 days ago

    Oil stocks, Shire fuel further gains for FTSE 100

    By Kit Rees and Helen Reid LONDON (Reuters) - A sustained surge in oil stocks helped Britain's top share index climb further on Tuesday to seven-week highs as pressure on defensive stocks such as utilities ...

  • Reuters2 days ago

    Britain hails new optimism about Brexit deal for financial services

    The British government and senior finance executives said they are increasingly confident Europe will offer financial companies generous market access after Brexit, boosting London's hopes of retaining its status as a top global financial centre. Since Britain voted to leave the EU 22 months ago, some of the world's most powerful finance companies in London have been searching for a way to preserve the existing cross-border flow of trading after it leaves the bloc in March 2019. "The EU have now recognised that there will be some form of market access in financial services, having previously dismissed the idea.

  • Financial Times2 days ago

    [$$] Banks under fire from parliament after IT outages at TSB and Ulster Bank

    The chair of the influential Treasury select committee Nicky Morgan railed against the “litany of failures of banking IT systems” on Tuesday, as customers at two different banks were left unable to access their funds. , said it had launched an urgent investigation after complaints that transactions that had previously been made to accounts since last Friday were no longer showing for many customers, leaving some overdrawn and unable to make payments. In a letter to Mr Pester, Ms Morgan wrote that “warm words and platitudes will not suffice.

  • Reuters3 days ago

    Britain hails new optimism about Brexit deal for financial services

    The British government and senior finance executives said they are increasingly confident Europe will offer financial companies generous market access after Brexit, boosting London's hopes of retaining its status as a top global financial centre. Since Britain voted to leave the EU 22 months ago, some of the world's most powerful finance companies in London have been searching for a way to preserve the existing cross-border flow of trading after it leaves the bloc in March 2019. "The EU have now recognised that there will be some form of market access in financial services, having previously dismissed the idea.

  • Financial Times6 days ago

    [$$] UK government appoints Credit Suisse banker to manage RBS stake ahead of sale

    The UK government has appointed a former Credit Suisse banker to manage its stake in Royal Bank of Scotland as it prepares to return the bailed-out lender to the private sector. Charles Donald, currently ...

  • UK Government Investments appoints new head to manage Britain's RBS stake
    Reuters6 days ago

    UK Government Investments appoints new head to manage Britain's RBS stake

    UK Government Investments (UKGI), the body which manages the government's student loan book and its stake in bailed out bank Royal Bank of Scotland (RBS.L), said on Friday it had appointed Charles Donald as head of its financial institutions group. Donald, who joins UKGI from Credit Suisse (CSGN.S) where he was vice chairman of UK advisory and corporate broking, will be responsible for managing and selling down the government's 71 percent stake in RBS.

  • Financial Times7 days ago

    [$$] Spencer and Varoufakis make an odd couple

    The often smiley Michael Spencer, chief of Nex Group , was in extra-ebullient form on Tuesday at a party to mark a decade since the crisis. Hardly surprising: just three weeks ago he agreed to sell Nex ...

  • Financial Times7 days ago

    [$$] The 11 investor revolts to watch for this AGM season

    The British shareholder meeting season kicks off properly next week, with companies from Hammerson, the UK’s largest shopping centre landlord, to London Stock Exchange Group. Executive pay will be one ...

  • Moody's8 days ago

    Adam and Company plc -- Moody's assigns long-term issuer rating of A2 to Adam and Company plc

    Moody's Investors Service, (Moody's) today assigned a long-term issuer rating of A2, with stable outlook, to Adam and Company plc (Adam & Co), one of the future ring-fenced banks of The Royal Bank of Scotland Group plc (RBSG, LT senior unsecured debt rating Baa3 stable outlook). The bank's existing long-term and short-term deposit ratings are A1 stable and Prime-1 respectively.

  • Exclusive - First Saudi Arabian-linked banks join al-Gosaibi debt settlement plan
    Reuters9 days ago

    Exclusive - First Saudi Arabian-linked banks join al-Gosaibi debt settlement plan

    Two Saudi Arabian-linked banks have become the first lenders with ties to the kingdom to sign a debt settlement plan with Ahmad Hamad al-Gosaibi and Brothers (AHAB), the company's chief executive said, opening the way for the conglomerate to try to push through a multibillion-dollar deal with creditors. Since AHAB defaulted on about 22 billion riyals ($5.9 billion) of debt in 2009, Saudi banks and those with links to the kingdom have refused to join other creditors in a debt settlement deal, arguing the terms on offer were not satisfactory.

  • Reuters9 days ago

    RBS to pay $5 billion into pension scheme

    Royal Bank of Scotland (RBS.L) will make a total contribution of 3.5 billion pounds to its pension scheme over the coming years, clearing one hurdle blocking the bank's return to dividends. The payments will start with a pre-tax contribution of 2 billion pounds in the second half of this year, the bank said. Up to another 1.5 billion pounds in payments will be made to match dividends from 2020 onwards.

  • RBS to pay $5 billion into pension scheme
    Reuters9 days ago

    RBS to pay $5 billion into pension scheme

    Royal Bank of Scotland (RBS.L) will make a total contribution of 3.5 billion pounds ($5 billion) to its pension scheme over the coming years, clearing one hurdle blocking the bank's return to dividends. The payments will start with a pre-tax contribution of 2 billion pounds in the second half of this year, the bank said. Up to another 1.5 billion pounds in payments will be made to match dividends from 2020 onwards.

  • Financial Times9 days ago

    [$$] RBS agrees £3.5bn deal to plug pension deficit

    Royal Bank of Scotland has agreed to pay up to £3.5bn to plug its pension deficit, marking what the government-backed lender described as an “important milestone” on the road to eventually resuming dividend ...

  • UK lenders expect rebound in demand for mortgage lending in coming months - BoE
    Reuters14 days ago

    UK lenders expect rebound in demand for mortgage lending in coming months - BoE

    British lenders expect to see demand for mortgage lending rebound over the next few months after a sharp drop in the first quarter of 2018, a Bank of England survey showed on Thursday. The Bank, which has been urging banks to avoid risks in their lending to households, also reported the sharpest drop in the availability of unsecured lending to consumers during the first quarter since records began in 2007. A closely-watched gauge of British house prices held at a five-year low last month, reflecting soft consumer demand at a time when the Bank of England looks set to raise interest rates, property valuers said earlier on Thursday.

  • Reuters15 days ago

    Former politician Tyrie to chair UK competition watchdog

    Andrew Tyrie, a former Conservative Party politician, was on Wednesday named as the new chairman of Britain's competition watchdog as the government also set out plans to modernise the regulator's approach. Tyrie was formerly chairman of parliament's influential Treasury Committee, where he gained a reputation for asking tough questions.

  • Moody's15 days ago

    Adam and Company plc -- Moody's downgrades the ratings of The Royal Bank of Scotland plc and upgrades the ratings of National Westminster Bank Plc.

    Moody's Investors Service (Moody's) today downgraded the long-term senior unsecured debt ratings to Baa2 (from A3 , on review for downgrade) and the long-term deposit ratings to Baa2 (from A2 , on review ...

  • Moody's21 days ago

    RBS Capital Trust II -- Moody's downgrades the ratings of The Royal Bank of Scotland plc and upgrades the ratings of National Westminster Bank Plc.

    Moody's Investors Service (Moody's) today downgraded the long-term senior unsecured debt ratings to Baa2 (from A3 , on review for downgrade) and the long-term deposit ratings to Baa2 (from A2 , on review ...

  • Moody's21 days ago

    Ulster Bank Ireland DAC -- Moody's upgrades Ulster Bank Ireland DAC's deposit ratings to Baa1

    Moody's Investor Service today upgraded the long-term deposit and issuer ratings of Ulster Bank Ireland DAC (UBID) to Baa1 and Baa2 from Baa2 and Baa3, respectively. The agency also upgraded UBID's adjusted ...

  • Moody's22 days ago

    RBS Holdings N.V. -- Moody's withdraws all ratings of RBS Holdings N.V.

    Moody's Investors Service, ('Moody's') today withdrew all ratings of RBS Holdings N.V. (ABN AMRO Holding N.V. prior to 1 April 2010). A full list of affected ratings can be found at the end of this press ...