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UPDATE 1-RBS restores customer service after technical glitch

March 7, 2013 09:30
* Customers hit by technical problems Wednesday evening * RBS says services are now back to normal * RBS says hardware fault caused problems * RBS says failure was 'unacceptable' By Matt Scuffham LONDON, March 7 (Reuters) - Royal Bank of Scotland said all systems were back to normal on Thursday after overnight computer problems caused disruption for customers for the second time in nine months.

RBS restores service after IT glitch hits customers

March 7, 2013 06:45
* Customers hit by technical problems Wednesday evening * RBS says services are now back to normal LONDON, March 7 (Reuters) - Royal Bank of Scotland said all systems were back to normal on Thursday after overnight computer problems caused disruption for customers for the second time in nine months.

UPDATE 4-UK bank RBS buckles under pressure to shrink

February 28, 2013 04:00
* Plans to partially sell U.S. arm Citizens in next 2 years * Batch of 315 UK branches unlikely to be sold, plans float * RBS to further reduce "scale and scope" of investment bank * Operating profit 3.5 bln stg, highest for five years * Shares close down 6.6 percent By Matt Scuffham and Steve Slater

UPDATE 8-RBS fined $612 million for rate rigging

February 6, 2013 18:45
* RBS to pay fines to British and U.S. regulators * RBS's Japanese unit pleads guilty to wire fraud * Bank to cut bonuses to help pay U.S. fine By Matt Scuffham and Kirstin Ridley LONDON, Feb 6 (Reuters) - Royal Bank of Scotland will pay $612 million to U.S. and British authorities to settle allegations it manipulated benchmark interest rates, and regulators warned there is more to come in the global investigation.

CORRECTED-UPDATE 7-RBS fined $612 million for rate rigging

February 6, 2013 05:15
(In first sentence, corrects figure to $612 million, not $615 million) * RBS to pay fines to British and U.S. regulators * RBS's Japanese unit pleads guilty to wire fraud * Bank to cut bonuses to help pay U.S. fine By Matt Scuffham and Kirstin Ridley

UPDATE 1-UK's RBS to get Libor punishment next week - sources

February 1, 2013 13:31
* Settlement expected on Tuesday or Wednesday - sources * RBS expected to agree combined deal with U.S., UK By Matt Scuffham and Huw Jones LONDON, Feb 1 (Reuters) - Royal Bank of Scotland will next week agree a settlement with U.S. and British authorities for its part in a global rate rigging scandal, sources familiar with the situation told Reuters.

RBS pulls plug on M&A unit as no white knight emerges -sources

January 30, 2013 10:30
* Talks with a European investor failed * RBS unwilling to retain stake in M&A unit * Bankers eager to take time off amid gloom outlook By Sophie Sassard LONDON, Jan 30 (Reuters) - Royal Bank of Scotland is finally pulling the plug on its mergers and acquisitions unit after no white knight investor emerged to keep it afloat, two people familiar with the plan said.

Britain may refuse to produce RBS Libor documents, Canada argues

January 25, 2013 18:45
* Canada, RBS locked in battle over Libor documents * RBS suggests Canada use UK treaty to get documents * Legal expert says Britain might not cooperate By Randall Palmer OTTAWA, Jan 25 (Reuters) - Britain cannot be relied on to force Royal Bank of Scotland Group Plc to give Canadian authorities documents on alleged interest rate rigging, because the British government is RBS's majority shareholder, Canada's Competition Bureau argued this month.
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