Updated January 26 at 10:26am
Banking
67 results total, viewing 41 - 50
Royal Bank of Scotland PLC is selling shares of its U.S. subsidiary, freeing the unit from the shadow of Britain’s largest state-owned lender and allowing it to compete with American regional banks. more
Royal Bank of Scotland Group Plc and Lloyds Banking Group Plc rallied after Scots voted to stay in the U.K., avoiding months of turmoil that may have seen the lenders move to England. more
Banco Santander SA, Spain’s biggest bank and parent of Santander Bank, agreed to buy Canadian car-financing company Carfinco Financial Group Inc. for about C$298 million ($269 million). more
Scotland’s financial-services industry is threatening to head for the border, with Royal Bank of Scotland Group PLC and Lloyds Banking Group PLC saying they plan to move to England if the country votes for independence. more
RBS Citizens is launching a commercial banking group dedicated to providing technology and services business to corporate clients across the country. more
Ana Patricia Botin, named chairman of Banco Santander SA, becomes the most powerful woman in European banking, succeeding her father a day after his death. more
The chances of U.K. taxpayers recouping their money from the world’s biggest bank bailout are receding as Scottish voters stand on the brink of dissolving the 307-year-old union with England. more
Citizens Financial Group Inc., a U.S. subsidiary of Royal Bank of Scotland Group PLC, is seeking a valuation of as much as $14 billion as it enters the final stages of an initial public offering. more
(Updated, 10:45 a.m.) Banco Santander SA cut a planned sale of as much as 2.5 billion euros ($3.3 billion) of the riskiest bank bonds to 1.5 billion euros. more
The intense competition in commercial lending moves one notch higher in Rhode Island after Labor Day when Massachusetts-based BayCoast Bank opens an office in downtown Providence. more
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