Tag Archives: royal bank of scotland

RBS banking on McEwan magic

August 8, 2012

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Royal Bank of Scotland entrance

Ross McEwan, the Royal Bank of Scotland’s recently appointed head of UK retail banking, will take up his post at the beginning of September after Brain Hartzer’s departure from the company in June. Native New Zealander McEwan formally ran the retail banking operation of Commonwealth Bank of Australia, the country’s largest retail lender with over [...]

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3,500 jobs to be cut at Royal Bank of Scotland

January 12, 2012

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3,500 jobs to be cut at Royal Bank of Scotland

  The Royal Bank of Scotland announced today that they will be making cuts to the tune of another 3,500 jobs over the next three years,  in an attempt to cut back the investment banking division of the company, to focus more on core business and reduce risk. This announcement will see them move from [...]

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RBS-NatWest cut overdraft charges from 1st October

September 7, 2012

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RBS-NatWest cut overdraft charges from 1st October

Image via Wikipedia Could this be the clearest indication yet that banks have admitted defeat in the long running bank charges saga? In a surprise move, the taxpayer-owned RBS-Natwest group has announced it will be slashing charges related to overdrafts – breaking ranks with the rest of the banking industry. With a decision on whether [...]

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