RBS.L - The Royal Bank of Scotland Group plc

LSE - LSE Delayed Price. Currency in GBp
241.80
-1.70 (-0.70%)
At close: 4:35PM BST
Stock chart is not supported by your current browser
Previous Close243.50
Open242.70
Bid235.00 x 654700
Ask250.00 x 41000
Day's Range240.90 - 243.50
52 Week Range239.60 - 304.20
Volume11,330,973
Avg. Volume34,034,179
Market Cap29.088B
Beta0.49
PE Ratio (TTM)22.60
EPS (TTM)10.70
Earnings DateAug 3, 2018
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2008-03-05
1y Target Est304.06
  • Reuters2 days ago

    MOVES- ANZ, Nomura, RBS, HSBC

    July 20 (Reuters) - The following financial services industry appointments were announced on Friday. To inform us of other job changes, email moves@thomsonreuters.com. AUSTRALIA AND NEW ZEALAND BANKING ...

  • Reuters2 days ago

    RBS to close small firms redress scheme to new claims

    Royal Bank of Scotland (RBS.L) said a scheme to compensate small firms hurt by its restructuring unit will close to new complaints after it paid out just 10 million pounds so far for direct losses. RBS announced the scheme in November 2016 and set aside 400 million pounds to compensate thousands of small businesses that say they were mistreated by RBS's Global Restructuring Group (GRG). The bank said on Friday that it was closing the unit to new claims after hearing from a fraction of the firms eligible, some of whom have said their firms were pushed into bankruptcy GRG and stripped of their assets.

  • RBS to close small firms redress scheme to new claims
    Reuters2 days ago

    RBS to close small firms redress scheme to new claims

    Royal Bank of Scotland (RBS.L) said a scheme to compensate small firms hurt by its restructuring unit will close to new complaints after it paid out just 10 million pounds ($13 million) so far for direct losses. RBS announced the scheme in November 2016 and set aside 400 million pounds to compensate thousands of small businesses that say they were mistreated by RBS's Global Restructuring Group (GRG). The bank said on Friday that it was closing the unit to new claims after hearing from a fraction of the firms eligible, some of whom have said their firms were pushed into bankruptcy GRG and stripped of their assets.

  • Moody's2 days ago

    Argon Capital Public Limited Company Series 100 -- Moody's upgrades rating of Repack notes of Argon Capital Public Limited Company Series 100

    Stock Non-cumulative of The Royal Bank of Scotland Group plc. For further information on the underlying action see the press release titled "Moody's upgrades The Royal Bank of Scotland Group plc's senior unsecured debt ratings to Baa2 and changes the outlook to positive" (http://www.moodys.com/viewresearchdoc.aspx?docid=PR_386204) on www.moodys.com. Stock Non-cumulative of The Royal Bank of Scotland Group plc. Noteholders are exposed to the credit risk of the preference shares of The Royal Bank of Scotland Group plc and therefore the rating moves in lock-step.

  • Reuters2 days ago

    RBS hires HSBC's Fletcher as new chief risk officer

    LONDON (Reuters) - Royal Bank of Scotland (RBS.L) has hired Bruce Fletcher as its new group chief risk officer, the lender said on Friday. Fletcher will join from rival bank HSBC, where he was the risk ...

  • Moody's5 days ago

    Ulster Bank Ireland DAC -- Moody's changes outlook on Ulster Bank Ireland DAC to positive from stable

    Moody's Investor Service today affirmed the long-term deposit and issuer ratings of Ulster Bank Ireland DAC (UBID) at Baa1 and Baa2, respectively, and changed the outlooks on both to positive from stable. The agency also affirmed UBID's ba1 baseline credit assessment (BCA), its baa2 adjusted BCA, as well as its Prime-2 short-term deposit and issuer ratings. Moody's also affirmed UBID's long and short term Counterparty Risk Ratings (CRR) and counterparty risk assessments (CRA) at A2/Prime-1 and A2(cr)/Prime-1(cr), respectively.

  • Moody's6 days ago

    The Royal Bank of Scotland Group plc -- Moody's upgrades The Royal Bank of Scotland Group plc's senior unsecured debt ratings to Baa2 and changes the outlook to positive

    Moody's Investors Service today upgraded the long-term senior unsecured debt ratings of The Royal Bank of Scotland Group plc (RBSG, the holding company) to Baa2 from Baa3 and the short-term Commercial ...

  • Reuters6 days ago

    Winners of RBS state aid grants to be announced in February 2019

    LONDON (Reuters) - The winners of a series of grants worth a total of 775 million pounds and paid for by the Royal Bank of Scotland (RBS.L) will be announced in February 2019, the body set up to disperse ...

  • UK lenders expect consumer lending to pick up in third quarter - BoE
    Reuters10 days ago

    UK lenders expect consumer lending to pick up in third quarter - BoE

    British lenders expect demand for consumer borrowing to pick up in the third quarter, a Bank of England survey showed on Thursday, echoing signs of a broader recovery in the economy after a slow start to 2018. The BoE, which has been urging banks to avoid risks in their lending to households, also reported lenders intend to keep supply of mortgage lending broadly steady over the next few months. Earlier on Thursday the Royal Institution of Chartered Surveyors said British house prices remained flat in June and the market was likely to stay sluggish in the coming months despite more properties being put up for sale.

  • BoE adds systemic buffers to 2018 stress test of banks
    Reuters10 days ago

    BoE adds systemic buffers to 2018 stress test of banks

    The Bank of England (BoE) said this year's stress test of major banks will measure how non-core capital buffers stand up to market and economic stresses. The test, introduced since the financial crisis a decade ago forced British taxpayers to bail out several lenders, has focused on the resilience of a bank's core capital buffer. The BoE said the "uplifts" assumed from including a systemic risk buffer would add 2.5 percent to the overall hurdle rate of Lloyds Banking Group (LLOY.L), and 1 percent to those of Barclays (BARC.L), HSBC (HSBA.L), Royal Bank of Scotland (RBS.L), Santander UK and Nationwide.

  • Reuters11 days ago

    UK watchdog warns financial firms over Big Data

    Britain's banks and insurers must take the lead in spelling out how they will use data collected from customers or they could face new rules, Financial Conduct Authority Chair Charles Randell said on Wednesday. Financial firms have been using Big Data on customers, which can include social media use, for example to price motor or health insurance more accurately. The use of Big Data requires good communication so that consumers understand and accept a firm's approach to using their data and don't end up being "disenfranchised", Randell said.

  • The Wall Street Journal15 days ago

    [$$] Ex-RBS Chief, a Symbol of British Banking Excess, Retires to Life in Scotland

    A decade after the financial crisis, The Wall Street Journal has checked in on dozens of the bankers, government officials, chief executives, hedge-fund managers and others who left a mark on that period to find out what they are doing now. The former chief executive of RBS stepped out of the limelight after he became the de facto face of British banking excess.

  • ACCESSWIRE16 days ago

    Breakfast Technical Briefing on Banco Santander and Three Other Additional Banking Stocks

    For today, WallStEquities.com evaluates Banco Santander S.A. (NYSE: SAN), Lloyds Banking Group PLC (NYSE: LYG), The Royal Bank of Scotland Group PLC (NYSE: RBS), and UBS Group AG (NYSE: UBS). Many times, these companies are multinationals and service many different countries.

  • UK banks told to show their backup plans for tech shutdowns
    Reuters17 days ago

    UK banks told to show their backup plans for tech shutdowns

    British banks and other financial services firms were given three months on Thursday to explain how they can avoid damaging IT breakdowns and respond to the growing threat of cyber attacks. With technology-related disruption on the rise in the sector, the Bank of England and the Financial Conduct Authority told financial services firms to report back by Oct. 5 on their exposure to risks and how they would respond to outages. "Operational disruption can impact financial stability, threaten the viability of individual firms and financial market infrastructures, or cause harm to consumers and other market participants in the financial system," FCA Chief Executive Andrew Bailey and BoE Deputy Governor Jon Cunliffe said in a joint statement.

  • Reuters18 days ago

    Bank of England says no big changes to bank regulation on horizon

    British banks should not expect further major changes to capital or liquidity requirements now that the bulk of the Basel III reforms agreed after the financial crisis have been implemented, a Bank of England regulator said on Wednesday. Vicky Saporta, the BoE's executive director for prudential policy, said the central bank's focus in future would be on new risks, or unintended consequences of existing regulation. "The finalisation of Basel III signals that the wave of regulatory reform following the Global Financial Crisis is now over.

  • Reuters19 days ago

    Bank of England - some policymakers see possible case for higher bank capital buffer

    Some Bank of England policymakers saw signs that a capital buffer for banks might need to be raised in future, the BoE said, but a recent slowdown in risk appetite meant no change was needed for now. Britain's banks have been required to meet a so-called countercyclical capital buffer of only 1 percent of their risk-weighted assets as part of the BoE's attempts to avoid a repeat of the taxpayer bailouts after the global financial crisis. "Some members noted considerations that might challenge the adequacy of the 1 percent CCyB rate," the BoE said in the minutes of the June 19 meeting of the Financial Policy Committee that were published on Tuesday.

  • Reuters20 days ago

    British app-bank Monzo counts cost of growing popularity

    Digital bank Monzo, whose distinctive coral-coloured card has become a common feature in the wallets of young, tech savvy and mainly urban Britons, could hit 1 million users within months. To succeed in taking on Britain's big banks, Monzo needs customers to treat it as their main account, where they deposit their salary and pay their bills. At present only 1 in 5 of its users deposit their salary, with average balances of 1,400 pounds per month, its chief executive Tom Blomfield said.

  • British lawmaker eyes tribunal to help small firms challenge banks
    Reuters24 days ago

    British lawmaker eyes tribunal to help small firms challenge banks

    Small businesses that are victims of fraud, conspiracy and misconduct by British banks could soon be able to sue their lenders in a tribunal dedicated to helping them bring banks to justice without fear of financial ruin. British lawmaker Kevin Hollinrake, chairman of the All Party Parliamentary Group (APPG) for Fair Business Banking, told Reuters that the APPG would propose the tribunal, likely funded by the banks themselves, in a report in July. It would offer a recourse for small businesses which currently have few options if they are dissatisfied with remedies or compensation offered by the banks.

  • Moody's25 days ago

    The Royal Bank of Scotland plc -- Moody's assigns Counterparty Risk Ratings to 22 rated banks and building societies in the UK and Crown Dependencies

    Moody's Investors Service today assigned Counterparty Risk Ratings (CRRs) to entities within the following 22 rated banking groups and building societies, which operate in the UK and the Crown Dependencies: ...

  • Reuters25 days ago

    Britain's FTSE rebounds as trade war fears recede

    The UK's top share index rebounded on Wednesday as fresh optimism regarding U.S. trade policy fuelled risk appetite with the help of buoyant energy stocks. The blue chip FTSE 100 (.FTSE) index started the day in negative territory but closed up 1.1 percent at 7,621.69 points. Tensions over trade between the U.S. and China have hit stock markets this week, with the FTSE sliding more than two percent on Monday after U.S. President Donald Trump announced plans to bar Chinese companies from investing in U.S. technology firms.

  • MarketWatch25 days ago

    U.K. stocks jump as U.S.-China trade drama calms down

    BP, Royal Dutch Shell gainAFP/Energy companies rise on Wednesday as oil prices continue to rally. U.K. stocks ended a volatile trading day with firm gains as investors welcomed U.S. President Donald Trump’s softer tone on Chinese investments in the U.S., which was seen as easing fears of a full-blown trade war. U.K. stocks had swung between small gains and losses early in Wednesday’s session, but were sent sharply higher following reports that the Trump administration has backed away from invoking executive authority to impose a tough crackdown on Chinese investments in the U.S. A senior administration official said Trump will rely on existing laws rather than alternative, harsher measures that were feared to spark a dispute between Washington and Beijing.

  • Bank of England hits back at EU over banks' Brexit readiness
    Reuters25 days ago

    Bank of England hits back at EU over banks' Brexit readiness

    The Bank of England hit back at European Union criticism on Wednesday, saying British banks were fully prepared for any disorderly Brexit and that it was the EU itself which should act to prevent market disruption. BoE Governor Mark Carney challenged assertions made by the EU's banking watchdog, the European Banking Authority (EBA), on Monday that banks were inadequately prepared for a hard Brexit.

  • Reuters25 days ago

    Bank of England hits back at EU over banks' Brexit readiness

    * BoE says UK banks prepared for no-deal Brexit * Carney calls EU regulator's Brexit assessment "incomplete" * No change for UK banks' counter-cyclical capital buffers * Industry lobby CityUK says onus on EU regulators to act (Adds EBA comment) By Andy Bruce and Huw Jones LONDON, June 27 (Reuters) - The Bank of England hit back at European Union criticism on Wednesday, saying British banks were fully prepared for any disorderly Brexit and that it was the EU itself which should act to prevent market disruption. BoE Governor Mark Carney challenged assertions made by the EU's banking watchdog, the European Banking Authority (EBA), on Monday that banks were inadequately prepared for a hard Brexit. "With respect, the EBA's comments earlier this week were incomplete," Carney told a news conference.

  • Reuters27 days ago

    U.S. top court rejects Nomura and RBS appeal in mortgage-backed securities case

    The U.S. Supreme Court declined on Monday to hear an appeal brought by Nomura Holdings Inc and the Royal Bank of Scotland Group PLC(RBS.L) seeking to overturn an order requiring them to pay $839 million for making false statements while selling mortgage-backed securities to Fannie Mae and Freddie Mac. The court left in place a September ruling by the New York-based 2nd U.S. Circuit Court of Appeals that went against the banks, which had challenged the 2015 award on multiple grounds. Lawyers for Nomura and RBS could not immediately be reached for comment.

  • Reuters27 days ago

    U.S. top court rejects Nomura and RBS appeal in mortgage-backed securities case

    The U.S. Supreme Court declined on Monday to hear an appeal brought by Nomura Holdings Inc and the Royal Bank of Scotland Group PLC seeking to overturn an order requiring them to pay $839 million for making false statements while selling mortgage-backed securities to Fannie Mae and Freddie Mac. The court left in place a September ruling by the New York-based 2nd U.S. Circuit Court of Appeals that went against the banks, which had challenged the 2015 award on multiple grounds. Lawyers for Nomura and RBS could not immediately be reached for comment.