Royal Bank

Barclays, HSBC, Royal Bank of Scotland and Lloyds have reduced the opening hours of many branches and have encouraged customers to bank online to reduce strain on frontline staff, many of whom now work behind plastic screens and run queuing systems to minimize exposure....

Edit

Exantas Capital Corp. Provides Update on Status of Financing Arrangements as of March 25, 2020

The Record 25 Mar 2020

On March 24, 2020, the Company received written notices from certain affiliates of Royal Bank of Canada ("RBC") alleging that events of default had occurred with respect to various financing agreements.� The Company disputes RBC's notices of events of default and intends to ......

Edit

Study: global banks 'failing miserably' on climate crisis by funneling trillions into fossil fuels

The Observer 18 Mar 2020

The Royal Bank of Canada and Toronto Dominion led financing for tar sands crude oil projects in Alberta, north-west Canada, which have caused widespread damage to ecosystems. The big-four Chinese banks have dominated financing for coal mining and coal power since the Paris agreement and have no policies restricting business practices....

Edit

Special task force recovered RM1.4 billion in 1MDB funds - PMO

Malaysian National News Agency 17 Mar 2020

The special task forces comprise representatives from the Attorney General Chamber, National Financial Crime Centre, Malaysian Anti-Corruption Commission (MACC), Royal Malaysian Police, Bank Negara Malaysia and the Ministry of Finance ... ....

Edit

Coronavirus Ireland: All the latest updates and cancellations across Ireland

Irish Independent 13 Mar 2020

Bank of England has cut its main interest rate to 0.25pc from 0.75pcBritain's Royal Bank of Scotland, which owns Ulster Bank here, and the Italian banks say they will allow deferment of mortgage and loan repayments for up to three months for customers affected by the ......

Edit

Forget Penny Stocks: The Coronavirus Sell-Off Just Created Some Less-Risky Buying Opportunities

TDN 04 Mar 2020

Take a swing at a battered big bank instead. Royal Bank of Scotland Group (NYSE ... The bank also announced new plans to cut back its exposure to financing for fossil fuels. In particular, it intends to end its financing of coal activities altogether. It also plans to scale back investment banking. Royal Bank of Scotland is in a state of real change....

Edit

What is a Royal Commission in Australia?

Sydney Criminal Lawyers 02 Mar 2020

Typically, Royal Commissions fit two categories ... In recent times, we’ve had Royal Commission inquiries into aged care, youth detention, finance and banking practices, and institutional child sexual abuse to name a few. Generally, once a Royal Commission has commenced, it must run to its conclusion – it cannot be stopped....

Edit

Funding to compensate bank transfer fraud victims extended to end of 2020

Belfast Telegraph 27 Feb 2020

UK Finance, which represents banks and building societies, said the current arrangements for paying compensation to victims of authorised push payment (APP) scams will be extended to December 31 2020 ... Stephen Jones, chief executive of UK Finance, said ... – Co-op Bank ... – M&S Bank. – Lloyds Bank ... – Bank of Scotland ... – Metro Bank. – Royal Bank of Scotland....

Edit

FCA admits revealing confidential details of 1,600 consumers

The Observer 25 Feb 2020

The FCA has faced a barrage of criticisms in recent years over perceived failings in its handling of scandals such as the collapse of London Capital and Finance, which sold unregulated mini-bonds, and Royal Bank of Scotland’s mistreatment of small business customers....

Edit

People: Banker to launch debt advisory operation; Solicitor hired for private client department; and more

The Business Desk 24 Feb 2020

... England regional managing director for corporate & structured finance at Royal Bank of Scotland, also helped to found Deloitte’s debt advisory business in ......

Edit

People on the Move: Dow Schofield Watts; Pearson Solicitors & Financial Advisers; JLL; Kemtile

The Business Desk 21 Feb 2020

... the North of England regional managing director for corporate & structured finance at Royal Bank of Scotland, also helped to found Deloitte’s debt advisor......

Edit

Oil giants must meet Paris Agreement to secure finance, says RBS

Irish Independent 16 Feb 2020

The Royal Bank of Scotland is to stop financing oil majors such as Shell and BP unless they can satisfy the bank their businesses are in line with the Paris climate agreement ... have until 2021 to put "a credible plan" in place, or face losing the bank's support....