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Royal Bank of Scotland

LONDON, ENGLAND - APRIL 03: A branch of The Royal Bank of Scotland on April 3, 2013 in London, England. Investors have launched a compensation claim against The Royal Bank of Scotland claiming that the bank misled shareholders about the state of it's books before it collapsed in 2008.

Newsday's coverage

  • RBS says gov't stake could be sold within year

    -- Royal Bank of Scotland predicted Friday that the government should be able to start selling its stake within a year, as it reported a first-quarter profit of 393 million pounds ($611 million), up from a loss of 1.5 billion a year earlier.CEO Stephen Hester   Read more »

  • CEO of scandal-ridden UK bank sets new tone

    high road. Even though Barclays avoided a government bailout during the global financial crisis-- unlike British peers like Royal Bank of Scotland and Lloyds -- the lender has faced a string of scandals that are costing it billions of pounds.Barclays was fined   Read more »

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About Royal Bank of Scotland

The Royal Bank of Scotland plc (Scottish Gaelic: Banca Rìoghail na h-Alba) is one of the retail banking subsidiaries of the Royal Bank of Scotland Group plc, which together with NatWest and Ulster Bank, provides branch banking facilities in the United Kingdom. Royal Bank of Scotland has around 700 branches, mainly in Scotland though there are branches in many larger towns and cities throughout England and Wales. The Royal Bank of Scotland and its parent, the Royal Bank of Scotland Group, are completely separate from the fellow Edinburgh based bank, the Bank of Scotland, which pre-dates the Royal Bank of Scotland by 32 years. The Bank of Scotland was effective in raising funds for the Jacobite Rebellion and as a result, The Royal Bank of Scotland was established to provide a bank with strong Hanoverian and Whig ties.

from Wikipedia

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