Tag Archives: RBS

RBS tops up small business support fund, downplays Brexit effectRBS tops up small business support fund, downplays Brexit effect

LONDON (Reuters) – British state-controlled lender the Royal Bank of Scotland has doubled its funding pot to support small businesses to 6 billion pounds ($7.8 billion), but says the extra cash is no longer primarily for Brexit-proofing businesses. NatWest, the biggest trading arm of RBS, said it had topped up its so-called Growth Fund in response to high demand from ... Read More »

Watchdog threat to RBS over treatment of small business customers

The RBS logo hangs behind glass at the bank’s headquarters in London. Photograph: Andy Rain/EPA The Financial Conduct Authority is considering whether it can take action against Royal Bank of Scotland over the way it treated its small business customers in the five years after the 2008 banking crisis. Publishing a summary of a report it commissioned on the bank’s controversial global restructuring group ... Read More »