RBS

RBS shares have fallen by as much as 7% after the bank warned its internal good bank/bad bank split would see it incur a multi-billion pound charge in its full-year results.

Two traders working at Royal Bank of Scotland (RBS) have been suspended in connection with an investigation surrounding the possible manipulation of foreign exchange (forex) rates, according to reports.

Shares in oil giant BP shot higher this morning, lifting the wider market, after the group pleased investors by raising its dividend.

RBS has seen shares fall 5% today after Chancellor George Osborne revealed a decision on its future is due in weeks, but is it a buying opportunity for investors or the right time to cash in?

Shares in the Royal Bank of Scotland have slumped in morning trading after Chancellor George Osborne said a break-up of the semi state-owned lender could take place "within weeks".

Goldman Sachs Asset Management (GSAM) is to acquire RBS' range of money market funds.

The Treasury has applied for European Union (EU) approval to split up Royal Bank of Scotland (RBS), to smooth the process of carving up the state-owned lender.

New laws passing through Parliament could see bankers found guilty of "reckless misconduct" jailed for up to seven years.

A consortium involving Schroders and Threadneedle has failed in its bid to buy 314 bank branches from RBS after the bank agreed a sale with another bidder.

GOSLING'S GROUSE