Goldman Sachs UK has ramped up its efforts to transition from Wall Street to the High Street.
Ten years on if you are wondering will there be another Lehman Brothers corporate collapse, the likely answer is no, but the same can’t be said for a potential financial crisis.
UK challenger banks Santander, Metro Bank, Clydesdale Bank, Starling and TSB are all pitching for a share of the Royal Bank of Scotland (RBS) alternative remedies package.
It has taken almost a decade and accumulated losses of around £50bn but Royal Bank of Scotland (RBS) has finally, belatedly, and expensively closed its so-called bad bank business unit.
If you are a current account customer of British banks Lloyds, Halifax or Bank of Scotland, you’d better read this – especially if you go into the red because overdraft fees are changing.
The Royal Bank of Scotland — still 73 percent tax-payer owned since the financial crisis — has just reported its ninth consecutive year of losses.
A modest two hearty cheers for Santander’s full year results.
It was the market that ING never cracked – but it may be about to have another shot.