Osborne: RBS share sales 'some way off'

UK Chancellor of the Exchequer George Osborne said Wednesday that the government is "actively considering" options for selling its stake in Lloyds Banking Group plc (LYG: Quote,LLOY.L) and will examine the case for breaking up Royal Bank of Scotland ...

The U.K. government should consider breaking up Royal Bank of Scotland Group Plc (RBS) and hiving off its toxic assets into a "bad bank," lawmakers said in a report that suggests the lender isn't ready to return to private hands. "The government ...

LONDON, June 19 (Reuters) - Britain is ready to start selling its shares in Lloyds Banking Group and will examine whether to break up Royal Bank of Scotland, Finance Minister George Osborne said on Wednesday, after acknowledging the re-privatisation ...

Britain's financial regulator is to say that capital holes at Royal Bank of Scotland, Lloyds Banking Group (LSE: LLOY.L - news) and Barclays (LSE: BARC.L - news) account for more than 90pc of a £25bn shortfall, according to reports. The shortfall ...

Parliamentary commission says govt should announce a process for considering alternative strategies for the future

Ulster Bank, College Green, Dublin. The move comes after the parent company, Royal Bank of Scotland (RBS), put more than £15 billion (€17.5 billion) into Ulster Bank to shore up its capital base after heavy losses as a result of the property ...

George Osborne insisted Stephen Hester made the decision to quit as head of Royal Bank of Scotland (RBS) following claims that he effectively forced him out. The British Chancellor said the banking chief executive decided to go but added that his ...

Credit spreads tightened significantly and that meant that investors preferred investing in EM local currency bonds this year as they seemed more attractive with high yields.

Royal Bank of Scotland has narrowed a shortlist of prospective bidders for hundreds of branches it must sell, with JC Flowers and Apollo dropping out of the race, sources familiar with the matter said. The part-nationalised bank informed the U.S. private ...