RBS

The Royal Bank of Scotland Group reported a small £9m net profit over the first half of the year, after recording a £1.14bn pre-tax profit in the six-month period.

Troubled oil giant BP will restore dividends next year at 65% below its previous payout level, derivative prices show.

Aviva recorded a 21% jump in operating profit in the first half of the year, with the insurer declaring 6% dividend increase.

London's top stocks have given up some of yesterday's triple-digit gains in early trading, with the FTSE 100 down 0.72%.

RBS is set to announce the sale of 318 branches to Spain's Santander as the UK lender offloads the former Williams & Glyn's network.

Liverpool Foootball Club could be bought by a Chinese business tycoon in the coming days.

Banks are once again leading the FTSE 100 gains in early trading, after a number of stocks soared upwards of 10% yesterday on the relaxing of Basel III rules.

Barclays, RBS and Lloyds shares have all rocketed today on news the Basel Committee plans to water down its capital and liquidity reform package.

The UK's four major banks have passed EU stress tests, although five Spanish banks failed, the Committee of European Banking Supervisors (CEBS) said.

British taxpayers stand to make a £5bn profit from insuring the toxic assets of RBS and Lloyds, despite not yet having paid a penny.