Royal Bank of Scotland has transformed the executive wing of its headquarters near Edinburgh, synonymous with the excesses of former CEO Fred Goodwin, into a hub for start-up businesses, as part of the bailed-out bank’s bid to revive its reputation.
Thu, 05 Mar, 2015
A man walked into a bank in Ireland during the Celtic Tiger and demanded €3m to set up a nightclub in Dublin, which he was granted with scarcely any background check, according to Robert Webb of Nottingham University, who is trying to figure out why this happened.
Mon, 17 Mar, 2014
Ulster Bank’s parent company Royal Bank of Scotland said it and its former bosses may have made bad business decisions in the past but that does not mean they misled investors or acted illegally, as it prepared to lodge its defence against a lawsuit from shareholders.
Sat, 14 Dec, 2013
Britain took the rare step of stripping former Royal Bank of Scotland chief Fred Goodwin of his knighthood, after intense criticism of his role in RBS’s near-collapse during the 2008 credit crisis, and amid public anger towards wealthy bankers.
Wed, 01 Feb, 2012