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January 19, 2012 Bank of America reports fourth quarter 2011 net income of $2 billion, compared with net loss of $1.2 billion in fourth quarter 2010.

January 18, 2012 Goldman Sachs reports net revenues of $28.81 billion and net earnings of $4.44 billion for the year ended December 31, 2011.

January 5, 2012 ZKB, the largest cantonal bank in Switzerland, told US customers it was closing their accounts.

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Royal Bank of Scotland (RBS)

Logo of Royal Bank of Scotland (RBS)The Royal Bank of Scotland (RBS) is one of the retail banking subsidiaries of Royal Bank of Scotland Group plc, which together with NatWest, provides branch banking facilities in the UK. Royal Bank of Scotland has around 700 branches, mainly in Scotland though there are branches in many larger towns and cities throughout England and Wales. RBS Group's Total assets: £1,608 billion (as of September 30, 2011). Net loss: US$ 2.6 billion (2010).

The Royal Bank of Scotland, along with Clydesdale Bank and Bank of Scotland, still prints its own banknotes. The UK Government owns a controlling stake of 84% of the RBS's ordinary shares, however the bank itself remains nominally independent of Government.


These ads are not affiliated with Royal Bank of Scotland (RBS)

Headquarter:
Edinburgh, UK
Key People:
Stephen Hester (Group CEO)
Company Type:
Public (wholly-owned subsidiary of RBS Group, LSE: RBS)
Head Office:36 St Andrew Square, Edinburgh, EH2 2YB
Phone: +44 (0)131 556 8555
Fax: +44 (0)131 557 6565
SWIFT (BIC):RBOSGB2L
Founded:1727
ID: 1072. Updated: 04.11.2011
Website:www.rbs.co.uk Twitter: RBS_Economics
Disclaimer: Banks' information published on this site may not be true or accurate at all times. Always contact your bank to verify the correct bank parameters before using in a payment transaction (visit the official website of your bank).

The directory of banks is published solely as a courtesy. We assume no responsibility or liability for the accuracy or completeness of the listings in directory. The data contained in this directory has been compiled from a number of sources, however, we have not independently verified the data. Therefore you may wish to verify the data with your Bank institution.

Royal Bank of Scotland (RBS) :: Press Releases

04.11.2011 The Royal Bank of Scotland Group reports a third quarter operating profit of £267 million and a year-to-date operating profit of £2.138 billion, up 15%. Core Tier 1 ratio as of September 30, 2011 at 11.3%.
06.08.2010 The Royal Bank of Scotland Group reports a 2010 second quarter operating profit of GBP 869 million, up from GBP 713 million in the first quarter of 2010. More
07.05.2010 The Royal Bank of Scotland Group reports a first quarter operating profit of £713 million, compared with a loss of £1,353 million in the fourth quarter of 2009. More

Financial News

 Citi gets approval to issue credit cards in China - 06.02.2012
The China unit of Citigroup Inc said on Monday that it has received regulatory approval to issue credit cards in China, the first non-Asian bank to receive permission.
Source: Reuters
 Three Swiss bankers indicted by U.S. in tax crackdown - 09.01.2012
U.S. authorities are moving toward taking legal action against Wegelin & Co., which could lead to an indictment of one of Switzerland's last pure private banks, on charges that it enabled wealthy Americans to evade taxes, according to two persons with knowledge of the case.
Source: Reuters
 Islamic finance assets to hit US$ 1.1 trillion in 2012 - 22.11.2011
Islamic finance assets around the world are expected to climb 33% from their 2010 levels to $1.1 trillion by the end of 2012, boosted by the aftermath of the Arab Spring uprisings and dissatisfaction with conventional finance in the wake of the global debt crisis, consultants Ernst & Young said in a report on Tuesday.
Source: Reuters
 Credit union business grows as consumers sour on banks - 07.11.2011
The big banks may have dropped the debit card fees, but the credit unions are the ones picking up the business.
Source: Reuters
 Spanish bank ratings downgraded by Fitch and S&P - 12.10.2011
Two leading credit rating agencies have downgraded some of Spain's largest banks, citing a deteriorating outlook for the Spanish economy.
Source: BBC News
 Spotlight on Islamic Retail Banking – strategies for fast growing industry - 07.10.2011
Islamic Banking is young but fast growing industry what brings challenges as need for standardization, expanding at the market, lack of public awareness about Islamic Banking (misinterpretation) and limited resources of qualified people in this particular industry.
Source: Fleming Gulf
 JBIC inks $43bn credit line pact with Japan banks - 05.10.2011
The Japan Bank for International Cooperation (JBIC) said Wednesday that it has signed separate pacts with three major Japanese banks to give them a combined $43 billion, or Y3.3 trillion, credit line, as part of the government's steps to encourage companies to go ahead with M&As overseas.
Source: Nikkei

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