Royal Bank of Scotland

397 results about this entity

Period: 23 Oct 2006 - 13 Apr 2023

Nationwide to apply for £50 million from RBS fund to move into small business banking

Nationwide Building Society is applying for up to £50 million from a Royal Bank of Scotland bailout fund intended to boost competition in the SME business banking market.

RBS to close 162 branches with the loss of 792 jobs

Royal Bank of Scotland is to close 162 branches with the loss of 792 jobs after pulling back from plans to launch a standalone 'challenger bank' using the Williams & Glyn brand.

FSB calls on RBS to backtrack on branch closures as profits surge

Responding to the announcement that Royal Bank of Scotland (RBS)’s profits soared to £1.2 billion in Q1 2018, Federation of Small Businesses (FSB) National Chairman Mike Cherry, said:

RBS aims to move one million customers to new mobile bank - Forbes

RBS is reportedly planning to move up to a million NatWest customers to a new greenfield online only banking offshoot, as it faces up to competition from app-based startups like Monzo and Starling.

Yolt completes Open Banking integration with RBS

Yolt, the smart thinking money app owned by ING, has become the first app to successfully complete the Open Banking integration with one of the CMA9 providers - the RBS Group.

Starling chief slams Treasury over RBS fund allocation

Anne Boden, chief executive of Starling Bank, has hit out at the Treasury over its decision to allow some of the UK's largest banks to bid for millions of pounds of funding from a Royal Bank of Scotland bailout fund intended to boost competition in the SME business banking market.

RBS to acquire book-keeping software firm FreeAgent

Royal Bank of Scotland is to acquire UK accounting software vendor FreeAgent in a deal that values the firm at £53 million.

RBS hatches plan to create digital challenger bank

Royal Bank of Scotland is secretly working on plans to create its own digital challenger bank to face off the threats from startups like Monzo and Starling, according to Sky News.

Yolt connects with RBS Open API

Yolt, the smart thinking money app owned by ING, is currently enabling up to 100 users, from RBS, Natwest and Ulster bank, per day, to benefit from Open Banking, the new regulation that allows customers to own their banking data.

RBS gives closure-threatened Scottish branches a reprieve

Royal Bank of Scotland has granted a stay of execution to 10 Scottish branches that had been fingered for the chop.

Motive Partners forms fintech coalition with leading banks

Fintech investment vehicle Motive Partners has secured the backing of four leading banks and Mastercard as founding partners for a new membership-only innovation and investment organistion, 'Motive Labs'.

RBS creates mortgage innovation role; appoints Dan Salmons

A new Director of Mortgage Innovations has been appointed by RBS.

RBS to slash a quarter of branch network and lay off 680 staff

Royal Bank of Scotland has joined Lloyds Banking Group in doing its bit to ruin Christmas for front-line facing staff, announcing plans to kill off 259 branches and lay off 680 staff.

RBS and Allianz join C$45m funding round for quantum computing startup 1QBit

A host of financial services firms, including the Royal Bank of Scotland, have joined a C$45 million Series B funding round for Vancouver-based quantum computing startup 1QBit Information Technologies.

Deloitte hires former RBS group strategy director

Deloitte, the business advisory firm, today announces the appointment of Richard Kibble as partner in the UK financial services team, where he will specialise in banking strategy and transformation.

RBS adds receipt management business banking app with Sensibill

Royal Bank of Scotland (RBS) and Sensibill have partnered to alleviate a major pain point for small business banking customers: receipt management.

RBS remedial package approved by European Commission

RBS has received confirmation that an alternative remedies package announced on 26 July 2017 (the “Alternative Remedies Package”), regarding the business previously described as Williams & Glyn, has now been formally approved by the European Commission (“EC”) in the form proposed.

R3 unlocks regulatory reporting on Corda with Financial Conduct Authority and two global banks

Enterprise software firm R3, the Financial Conduct Authority (FCA), RBS and another major global bank have built a prototype application for regulatory reporting of mortgage transactions on R3’s Corda distributed ledger technology (DLT) platform.

The Start Up Loans Company joins RBS alternative finance panel

The Start Up Loans Company will join a handful of leading alternative finance firms in an exclusive partnership with a NatWest and Royal Bank of Scotland programme designed to help businesses access alternative sources of finance.

RBS to bring Silicon Valley to Edinburgh

Royal Bank of Scotland is inviting tech entrepreneurs from across the world to its Edinburgh HQ to discuss the latest trends in technology and mingle with local fintech entrepreneurs, customers and bank staff at an event dubbed Disrupt 17.