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
LONDON (Alliance News) - The Conygar Investment Co PLC Thursday said it has refinanced its debt with a GBP37.2 million four-year loan from the Royal Bank of Scotland Group PLC. The loan, secured on twenty properties, has a total interest cost of 4.3%, including a margin of 3%, and is struct Read More
LONDON (Alliance News) - The following is a summary of top news stories Wednesday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br /><strong>Hargreaves Lansdown</strong> PLC reported record pretax profit and revenue for the half year, as it continues to add new clients amid Read More
LONDON (Alliance News) - UK stocks are trading higher Wednesday, with the FTSE 100 set to snap a five-day losing streak, as investors look to pare some of the losses recorded in recent sessions. Meanwhile, the pound has been knocked after the UK services PMI fell short of forecasts. B Read More
LONDON (Alliance News) - Shares have continued their slide at the open Wednesday, despite a positive close overnight on Wall Street.<br /><br />Brokers have been taking a look at UK insurers after <strong>RSA Insurance</strong> sprung a positive surprise late Tuesday by appointing turnaround a Read More
LONDON (Alliance News) - Troubled RSA Insurance Group PLC Tuesday said it has appointed former Royal Bank of Scotland Group PLC boss Stephen Hester as its new chief executive, as it seeks to recover after discovering a GBP200 million accounting black hole in its Irish business. Hester, who Read More