RBS

Royal Bank of Scotland(RBS)could make a decision on the sale of its 315-branch Project Rainbow business this week, amid reports one of the three bidders for the unit has had its offer rejected.

LEHMANS SPECIAL

Standard Life Investments (SLI) and Legal & General Investment Management (LGIM) are reportedly looking to sue Royal Bank of Scotland (RBS) over a controversial £12bn cash-call in 2008.

Fred Goodwin's 'details orientated' management style - which included introducing thousands of custom-made round-topped storage units to deal with his growing irritation over piles of paper - has been showcased in a new book.

The five major UK banks all recorded a profit in the first half of the year for the first time since 2010, a report has found.

Taxpayer-owned Royal Bank of Scotland could miss its end-2013 deadline to sell 316 branches, a potential bidder has said.

Fitch Ratings has said any potential break-up of Royal Bank of Scotland (RBS) is 'unlikely' as the costs and risks would outweigh the benefits.

Business Secretary Vince Cable has warned the government's 81% stake in Royal Bank of Scotland may not be sold off for another five years, arguing a quick sale of shares is unlikely.

Alan Hughes, the former chief executive of First Direct, is to lead a £1bn bid to buy 315 branches of Royal Bank of Scotland (RBS).

Shares in the Royal Bank of Scotland dropped as much as 6% after the bank reported its half year results and announced its new CEO.