News releases and headlines from around the RBS Group. You can filter by topic or search the RBS news archive.
Last month's assessment of the global economy remains intact - it's looking in decent shape as we head into 2014. And global trade looks to be making a bit of a comeback at long last.
SWIFT, the global provider of secure financial messaging services, announce a strategic partnership with RBS, to offer multi-national and large corporates across Asia Pacific a customised solution that will simplify their working capital needs.
As the most public way of carrying out banking activity, ATMs are sometimes susceptible to exploitation by criminals. The bank has been working closely with the Design Against Crime Research Centre at London’s University of the Arts to pioneer an approach to deterring criminals and protecting customers.
Social housing construction company Lakehouse buys a property maintenance firm using £15m in funding from RBS Corporate & Institutional Banking.
The Royal Bank of Scotland Group plc ("Group plc") and The Royal Bank of Scotland plc ("RBS plc") have today reached a settlement with the Board of Governors of the Federal Reserve System ("Fed"), the New York State Department of Financial Services ("DFS"), and the Office of Foreign Assets Control ("OFAC") with respect to RBS plc's historical compliance with US economic sanction regulations outside the United States.
RBS can confirm that Nathan Bostock has informed the Board of his intention to resign from his role as Group Finance Director
High-volume European car makers look set to emerge stronger than many thought possible from the lowest sales volumes for 17 years and decades of overcapacity issues.
The US is often described as the engine of the global economy. So last week’s news of an upward revision to growth in Q3, continued expansion in manufacturing and services and a healthy fall in the unemployment rate will come as good news beyond the Land of the Free.
Ian Cowie, CEO of Business and Commercial banking for RBS and NatWest has found growing confidence among the country's SMEs after visiting 23 UK towns and cities in the second half of 2013.
RBS chairman Philip Hampton contd: "Nathan leaves with the best wishes of the Board."
Phil Hampton: "Nathan did a remarkable job as chief risk officer and has been integral to restoring safety and soundness at RBS."
You can read the full RNS on Nathan Bostock’s resignation here: bit.ly/1f6dQHg
"While I'll miss working with Nathan, I look forward to competing with him in the market as we strive to better the industry for customers."
"He is a talented banker who brought a huge amount to our discussions with our regulators and our majority shareholder."
RBS CEO Ross McEwan said: “I had the opportunity to work with Nathan through the autumn as we announced the new capital plan for the bank.”
Details on arrangements for his successor will be announced in due course.
His formal resignation is expected soon, but he will remain in his position to oversee an orderly handover of his responsibilities.
We can confirm that Nathan Bostock has this evening informed the board of his intention to resign from his role as Group Finance Director.
VIDEO: Find out more about Ian’s tour and watch him talk about changes being made to support SMEs here rbs.tm/uj2n3j
Since July, Ian Cowie has been touring the country visiting business communities across the UK and has found growing confidence among SMEs
Ian Cowie: That’s why we are now proactively speaking to customers to let them know how much we could lend them if they want to invest (2/2)
Ian Cowie, CEO for Business & Commercial banking: We are the UK’s biggest lender to SMEs and that is great news but we want to do more (1/2)
RBS & NatWest have now lent more than £5.8bn to around 35,000 UK SMEs under the Funding for Lending scheme since August 2012
... At no time was there any risk to customers. We apologise for the inconvenience caused. (3/3)
This deliberate surge of traffic is known as a distributed denial of service (DDoS) attack.We have taken action to restore affected sites...
Due to a surge in internet traffic directed at the NatWest website, customers experienced difficulties accessing some of our sites today...
1000+ NatWest and RBS branches will open early tomorrow following yesterday's systems problems. A list of branches will follow shortly.
Full statement from RBS chief exec Ross McEwan on IT systems failure: rbs.tm/NcdPdy
Ross McEwan on last night's systems failure contd: "...This will include an outline of where we intend to invest for the future." ENDS
"I will be outlining plans in the new year for making RBS the bank that our customers and the UK need it to be...
Ross McEwan statement contd: "I'm sorry for the inconvenience we caused our customers. We know we have to do better...
"It will take time but we are investing heavily in building IT systems our customers can rely on...
McEwan contd: "For decades RBS failed to invest properly in its systems. We need to put our customers' needs at the centre of all we do...
McEwan: "...Yesterday was a busy shopping day and far too many of our customers were let down, unable to make purchases and withdraw cash...
A statement from RBS chief exec Ross McEwan on IT systems failure follows. McEwan said: "Last night's systems failure was unacceptable...
Ulster Bank customers can also contact us free phone on 0800 046 5486 (Northern Ireland) and 1800 303 004 (Republic of Ireland).
Customers can contact us free phone on 0800 151 0404 (NatWest) or 0800 151 0405 (RBS). Otherwise 03457 888 444 (NW) & 03457 242 424 (RBS).
Any customer experiencing issues this morning should get in touch with our call centres or branches where our staff will be ready to help.
We would like to apologise to our customers. If anyone has been left out of pocket as a result of these problems, we will put this right.
The systems issues that affected our customers last night have now been resolved and all of our services are now back working normally
As Xmas approaches, NatWest & RBS Cashback Plus customers can now earn more cashback with 1% rewards on debit card spending at Co-op & Tesco
Almost 667,000 have now signed up to benefit from Cashback Plus so far. Read more in our press release: rbs.tm/AlK8P4
250 people will win £500 in Rewards over Christmas when they register for Cashback Plus or make a qualifying purchase.
"We need to get to the facts as quickly as poss. That's why we fully support FCA's work & will carry on with our own investigation." (4/4)
"The claims have damaged RBS's reputation & threaten to undermine our ability to build trust w customers & increase lending to UK biz."(3/4)
"As of now, no evidence has been produced that backs the claims of systematic fraud made this week." (2/4)
Following the FCA's announcement of a review this afternoon, an RBS spokesman said: "We welcome the FCA's inquiry...(1/4)
To view the full announcement on the scope of the RBS review into the treatment of distressed customers go here: rbs.tm/review
Ross McEwan: It is vital that we enjoy the trust of our customers and I cannot allow these allegations to undermine that trust (2/2)
Ross McEwan: The news of recent days doesn't reflect the great work people across RBS do to support our customers every day (1/2)
RBS has announced the scope of its review into the treatment of distressed customers.
RBS CEO, Ross McEwan has written to Sir Andrew Large after today’s publication in full of the Independent Lending Review report
Ross McEwan & @AlexSalmond at RBS in Edinburgh today, announcing £30m investment in new generation of cash machines. http://t.co/tHYmUElIq5
So far RBS & NatWest have contacted over 16,000 customers offering lending of almost £5bn
Ross McEwan has announced today that RBS is extending its lending opportunities to SMEs. Read more here: rbs.tm/3KhNd9
Ross McEwan addresses delegates @ScotParl Business in the Parliament conference at Holyrood this morning. http://t.co/79GQFNyT8D
You can read RBS chief exec Ross McEwan's speech to the 'Business In The Parliament' conference at Holyrood here: rbs.tm/DBonZp
McEwan on customer empowerment & new banking technology: "We no longer dictate how customers interact with us - they do, and quite rightly."
McEwan: "By becoming a great bank for customers we will take the first and most important step to repaying the people of this country."
McEwan: "RBS is biggest UK lender to SMEs but we want to be not just the biggest, but the best for customer service in the SME market."
McEwan: "Savers, borrowers, homeowners, small businesses, large companies - they need to rely on us because we had to rely on them."
McEwan: "RBS is part of fabric of Scottish business & economy. We know we have a debt to repay & nowhere is that more keenly felt than here"
RBS chief exec Ross McEwan will address c200 delegates at 'Business In The Parliament' conference at Holyrood in an hour or so.
Almost 260,000 customers have a Your Savings Goal today. 23% are saving for a holiday, 18% for a house and 10% for a rainy day.
Customers with a savings goal are growing their accounts at £189 per month faster than accounts without.
David Crawford, Head of Savings, said: “We've been working hard to support our savers and I'm glad we've helped so many achieve their goals”
This is NatWest and RBS's third Fairbanking accreditation to date for Your Savings Goal.
We have been accredited for Instant Saver and the 'Your Savings Goal' helpful savings tool.
NatWest and RBS have been credited with the first 5 star Fairbanking Mark for encouraging savers.
RBS customers Hayley & Struan Preston outside No. 10 today. Theirs was the 1st mortgage to complete under the scheme. http://t.co/mFIot8cdZD
Lloyd Cochrane: Many are first time buyers who wouldn't be able to consider a mortgage without the scheme. We want to help many more.
Lloyd Cochrane, Head of Mortgages for NatWest & RBS: Some of those 1,000 customers we've been helping are already moving into their new home
The typical applicants are a couple with a joint salary of under £50k borrowing £159k for a house worth around £167k
73% of applicants are first time buyers and 78% are under 35. A high proportion are teachers (75) or engineers (83).
RBS & NatWest will go on to offer £171.6m under the Help to Buy: mortgage guarantee scheme if all 1075 applications are approved
RBS & NatWest have received 1075 applications in the first month of Help to Buy: mortgage guarantee scheme rbs.tm/YiT8FA
R McEwan: We now have a shared vision for RBS that includes the Board, our regulator and the Govt. This is good for all of our shareholders
You can listen to our chief executive Ross McEwan on @BBCr4today programme in the next five mins or so.
VIDEO: Hear our Chairman Sir Philip Hampton’s thoughts on today’s announcement rbs.tm/mediaims
VIDEO: Hear what our CEO Ross McEwan has to say about our role in supporting the UK economy rbs.tm/mediaims
“…I have asked all our people to embrace the higher expectations that people have placed on our bank.”
Ross McEwan: “The bar has been set at a higher level for RBS than other UK banks because we were rescued at the public’s expense…
RBS accepts the recommendations set out in Sir Andrew Large's independent review of our SME lending rbs.tm/medialr
Read CEO Ross McEwan’s message on today’s announcement rbs.tm/4Y5qLc
We’ll accelerate the IPO of Citizens, aiming to start the process in 2014, with a plan to fully sell the business by 2016.
We’ve also announced restructuring measures including creating a ‘bad bank’ to manage c£38bn of our riskiest assets.
We've just posted our Q3 results and an operating profit of £438m. Full info here rbs.tm/mediaims
RBS Natwest announce help for SME businesses impacted by yesterdays storm - No fee for extension of overdrafts + loan repayment holidays
Customers will receive redress money without having to wait for any potential consequential loss claims to be resolved (2/2)
RBS has today agreed with the FCA to split redress payments for all customers mis-sold swap products (1/2)
With Cashback Plus, customers don't have to sign up for each offer, they just spend on their debit card and get their Rewards (4/4)
94% of our customers have benefited from special deals, including 25% back on spend in Caffe Nero and 10% in Cineworld (3/4)
We've just extended our Tesco offer to end of June 2014. Almost 278,000 have already earned Rewards on their Tesco shop (2/4)
Over 550,000 customers have now signed up to earn as they spend with Cashback Plus (1/4)
RBS & NatWest want to give UK SMEs the confidence to invest in growth by showing them what they can borrow right now (3/3)