RBS

RBS has closed its Volatility Controlled Cautious Managed and Balanced Managed funds less than two years after launch, after both funds racked up heavy losses.

The Royal Bank of Scotland (RBS) has exited the government's Asset Protection Scheme designed to insure against toxic assets.

Hargreaves Lansdown is topping the FTSE 100 leaderboard for a second consecutive day of trading as the index starts the week in the black.

Virgin Money is poised to bid for 316 branches Royal Bank of Scotland branches, after a deal with Santander collapsed.

Investec's stockpicking veteran Alastair Mundy has bought into Royal Bank of Scotland after a change of sentiment towards elements of the UK's beaten-up banking sector.

Standard Life Investment's MyFolio managers Bambos Hambi and Katie Trowsdale will run a range of five new risk-rated funds for RBS following yesterday's distribution deal, Investment Week can reveal.

RBS has suspended a trader for trying to rig the Singapore dollar swap offer rate, according to reports, in the latest case of interest rate benchmark manipulation.

Standard Life has signed a five-year platform distribution deal with Royal Bank of Scotland (RBS).

UK BANKS

Now is the time for income-seeking investors to look at UK banks again, ahead of their return to the dividend register, said Schroders' Nick Kirrage.