LONDON (Alliance News) - The FTSE 100 is on track to post its sixth consecutive daily rise Friday, as weaker-than-expected UK retail sales and public finances data failed to dent the recent market positivity. By mid-morning, the FTSE 100 is up 0.4% at 6,836.91, just over 30 points shy of it Read More
LONDON (Alliance News) - Royal Bank Of Scotland Group is one of the top gainers early Friday on a report that it will shrink dramatically, while GlaxoSmithKline is off to a good start after one of its new drugs was recommended for approval in Europe.<br /><br />The London equity markets are hi Read More
LONDON (Alliance News) - UK stocks are set to open higher Friday, taking a cue from gains on Wall Street late Thursday and as investors take positions ahead of UK retail sales data.<br /><br />After closing lower Wednesday, the positive sentiment that has buoyed Wall Street recently returned T Read More
LONDON (Alliance News) - Royal Bank of Scotland Group PLC is preparing a dramatic retrenchment that would see it become a much smaller UK retail and commercial bank, a move that is expected to see staff numbers slashed by at least 30,000 in the coming years, the Financial Times reports Friday, ci Read More
LONDON (Alliance News) - Royal Bank of Scotland Group PLC has agreed to pay USD275 million to settle a US lawsuit related to the sale of mortgage-backed securities in the years building up to the financial crisis, the Financial Times reported Wednesday. According to the FT the settlement re Read More
LONDON (Alliance News) - Defense giants <strong>BAE Systems</strong> and <strong>Rolls-Royce Holdings</strong> are among the biggest gainers on the FTSE 100 Wednesday, after the British and Saudi Arabian governments at long last came to a deal over how much more Saudi Arabia should pay for the Read More
LONDON (Alliance News) - The Royal Bank of Scotland Group PLC said Wednesday that it has agreed to sell certain assets and liabilities within its markets divisions to BNP Paribas S.A. for an undisclosed sum, as the bailed-out bank continues to scale back its markets division and focus on its UK r Read More
LONDON (Alliance News) - The following is a summary of top news stories Wednesday.<br />----------<br />COMPANIES<br />----------<br /><strong>BAE Systems</strong> has said that the governments of the UK and Saudi Arabia have finally reached a deal on higher prices for the Typhoon jets that Sa Read More
LONDON (Alliance News) - The Royal Bank of Scotland Group PLC said Wednesday that it will dispose of certain assets and liabilities related to its structured retail investor products and equity derivatives businesses, as well as associated market-making activities as it continues its strategic re Read More
LONDON (Alliance News) - Standard Life Equity Income Trust PLC Tuesday said it has agreed a new three-year GBP25 million revolving credit facility with Scotiabank (Ireland), meaning its previous facility with Royal Bank of Scotland Group PLC has been repaid and cancelled. In a statement, th Read More
LONDON (Alliance News) - Newly listed property investor Hibernia REIT PLC Monday said it has signed contracts to acquire a portfolio of loans secured predominately on residential real estate assets from Ulster Bank for EUR67 million net of acquisition costs. These Ulster Bank assets form pa Read More
LONDON (Alliance News) - Clarkson PLC Thursday said Bob Benton will become interim chairman as Philip Green has decided to step down from the role to focus on his growing responsibilities outside the company. Benton, who was chairman of the shipping services company until early last year, w Read More
LONDON (Alliance News) - Royal Bank of Scotland Group PLC was placed on review for downgrade by Moody's Investors Service Wednesday, just over two weeks after the bank said its results for 2013 will include new provisions of GBP3.07 billion relating to past conduct. "RBS's recent announceme Read More
(An item published at 1325 GMT mis-spelt the Fed Chair's surname in the title. The correct version follows.) LONDON (Alliance News) - The FTSE 100 is up for a fifth consecutive day Tuesday amid a continuing global stock rally, with the London blue chip index helped by strong performances Read More
LONDON (Alliance News) - The FTSE 100 is up for a fifth consecutive day Tuesday amid a continuing global stock rally, with the London blue chip index helped by strong performances from the retailers and miners.<br /><br />Retail stocks including <strong>Sports Direct International</strong>, <s Read More
LONDON (Alliance News) - Royal Bank of Scotland Group PLC Tuesday said it has appointed Les Matheson as permanent chief executive of its UK Retail Banking division. Matheson has been acting head since September when he stepped in on an interim basis after former head Ross McEwan was promote Read More
LONDON (Alliance News) - Royal Bank of Scotland Group PLC Tuesday said it has appointed Les Matheson as permanent chief executive of its UK Retail Banking division. Matheson has been acting head since September when he stepped in on an interim basis after former head Ross McEwan was promote Read More
LONDON (Alliance News) - The new organisation set to be established by the end of the year in order to raise standards in banking would provide a "canopy" under which existing professional bodies would continue to develop and grow, with the goal of moving the industry towards the same sort of pro Read More
LONDON (Alliance News) - Royal Bank of Scotland Group PLC Monday said Chris Sullivan, a divisional chief executive, acquired 37 shares under the global bank's share plan at a price of GBP3.3840 per share Friday. Shares in RBS were quoted at 339.60 pence up 0.6% Monday morning. By Arvi Read More