Latest Royal Bank of Scotland News: Finextra Research

Tesco Bank facing £30m fine over cyber breach

The UK's banking watchdog is threatening to charge Tesco Bank £30m for its failure to prevent a cyber attacks that affected thousands of customers in 2016.

25 September 2018

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Outage fever strikes UK banks

A spate of online banking glitches has hit the UK's leading high street banks, leading inevitably to discussions of resilience and operational risk in the industry.

21 September 2018

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RBS to shut another 54 branches

Royal Bank of Scotland will close another 54 branches in England and Wales in January with the loss of 258 jobs.

05 September 2018

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HSBC aims to dodge the iceberg with digital-only banking project

HSBC is reportedly building a stand-alone digital banking startup for small business customers in an attempt to fend off competition from app-based challenger rivals.

03 September 2018

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Starling to help RBS develop digital bank

Royal Bank of Scotland (RBS) has reportedly enlisted the help of challenger bank Starling in its efforts to develop a digital bank of its own.

28 August 2018

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Challengers invited to apply for slice of RBS bail out cash

Banking Competition Remedies Ltd (BCR), the independent body established to implement the £775 million Royal Bank of Scotland (RBS) bail out fund for challenger banks is inviting prospective applicants to an in-person event to set out the timescales and criteria for applying for a slice of the handout.

22 August 2018

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RBS sings the praises of paperless mortgages

Royal Bank of Scotland has tapped into pent-up demand from consumers for paperless mortgage processing, following the launch earlier this year of its online document sharing service DigiDocs.

16 August 2018

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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.

23 May 2018

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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.

01 May 2018

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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.

24 April 2018

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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.

12 April 2018

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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.

28 March 2018

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