Bank of Scotland

Royal Bank of Scotland & Nationwide Slash rates on variable …

Offshore Services (Free subscription) | 05/01/2009

Royal Bank of Scotland & Nationwide Slash rates on variable savings, read more on Mortgage, economy and business news.

Financial News: RBS eyes sale of £2bn Chinese stake

euronews24 (Free subscription) | 1 hour ago

Royal Bank of Scotland, the cash-strapped UK lender, is considering selling its £2bn stake in Bank of China amid a scramble by foreign investors in mainland banks to cash in their lucrative holdings.Stephen Hester, recently appointed as RBS chief ex ...

RBS considers sale of £2bn Bank of China stake

FT.com - Europe homepage (Free subscription) | 4 hours ago

Royal Bank of Scotland is considering selling its £2bn stake in Bank of China amid a scramble by foreign investors to cash in their lucrative holdings

RBS eyes sale of £2bn Bank of China stake

Financial Time (Free subscription) | 4 hours ago

Royal Bank of Scotland is considering selling its £2bn stake in Bank of China amid a scramble by foreign investors to cash in their lucrative holdings

RBS eyes sale of £2bn Chinese stake

Financial Time (Free subscription) | 4 hours ago

Royal Bank of Scotland is considering selling its £2bn stake in Bank of China amid a scramble by foreign investors to cash in their lucrative holdings

• RBS considers sale of £2bn Bank of China stake - FT.com - Europe homepage
• RBS eyes sale of £2bn Bank of China stake - Financial Time

Trouble at home for RBS dims China star

Financial Time (Free subscription) | 4 hours ago

The fact that Royal Bank of Scotland is even considering selling its shareholding in Bank of China underscores its radical change in direction since the British government took control of the lender late in 2008

Li Ka Shing Foundation selling Bank of China shares, term sheet says

Market Watch (Free subscription) | yesterday

(Adds information on Bank of China's 2006 IPO; stake sales by UBS and Bank of America in China Construction Bank; Royal Bank of Scotland's stake in Bank of China.) HONG KONG (MarketWatch) -- The Li Ka Shing Foundation is selling two billion shares in mainland lender Bank of China Ltd. (3988.HK) in a placement that could raise up to US$524 million for the charitable foundation owned by Hong Kong's...

Spokesman: BOC inquiring share sale by Li Ka-shing

Xinhuanet (Free subscription) | yesterday

The Bank of China (BOC) is seeking information on Hong Kong tycoon Li Ka-shing's reported sale of BOC shares, and the bank's spokesman said on Wednesday it has not yet been noticed by the Royal Bank of Scotland (RBS) Group on any intention of share unloading.

Lloyds TSB-HBOS unveil mid-tier management team

The Herald (Free subscription) | yesterday

Bank of Scotland branches are to continue to be over-seen by current branch network head David Nicholson after the merger between HBOS and Lloyds TSB, it was confirmed yesterday.

Liverpool owners given extra time to find monies

tribalfootball.com (Free subscription) | 06/01/2009

Liverpool's American owners have been given an extra six months to pay back a £350.5 million debt owed to lenders the Royal Bank of Scotland and Wachovia, reports The Guardian . read more

Liverpool Win a Reprieve from Their Crushing Burden of Debt

The Run of Play (Free subscription) | 06/01/2009

Liverpool owners George Gillett and Tom Hicks have been granted a six-month grace period by their creditors, Royal Bank of Scotland and Wachovia, to repay around £350 million in club-related loans that were originally due on January 24. This followed a written request from Gillett and Hicks, whose "just a couple of hardworking billionaires" routine [...] Related posts: The Ancient Symbol of...

'Faster relief' for bank victims

BBC News (Free subscription) | yesterday

Some banks have different divisions but are authorised under one name. So if, for example, a saver has £50,000 with the Halifax and £50,000 with the Bank of Scotland, then he or she is only covered for the first £50,000, as both Halifax and Bank of Scotland are part of the HBOS bank group.

I&H Brown takes £1m hit from Royal Bank investment

The Herald (Free subscription) | 06/01/2009

A major private Scottish company has taken a £1.1m hit from a supposedly bedrock investment in Royal Bank of Scotland.

Examiner for video chain with debts of ¬20m

The Irish Times (Free subscription) | 2 hours ago

... John Edwards in the High Court yesterday that Chartbusters had debts of about €20 million.He said Bank of Scotland (Ireland), KBC Bank, Lombard Ireland and Friends First Finance Ltd., were owed €12 million with landlords being owed €2 million.Judge Edwards appointed Neill Hughes, of Hughes Blake Chartered Accountants, interim examiner to protect the company's assets, examine the company's...

Barclays bank announces 400 UK job cuts

Daily Advance - Business (Free subscription) | yesterday

Barclays declined to participate in the British government's bank recapitalization plan, which was taken up by rivals Royal Bank of Scotland Group PLC, Lloyds TSB Group PLC and HBOS PLC. Those banks all agreed to cede major stakes to the government in return for a combined 37 billion pound ($55 billion) cash injection from the Treasury.

• Barclays Announces 400 UK Job Cuts - The Street
• Barclays bank announces 400 UK job cuts - San Fransisco Chronicle
• See the 5 articles on the same subject