Royal Bank Of Scotland

  • BusinessAOL

    RBS dumps YourPoints credit card reward scheme

    Royal Bank of Scotland (RBS) has announced that it is to scrap its YourPoints credit card reward scheme. RBS blamed the European Parliament's decision to cap interchange fees, the same reason given by Capital One last week when it dropped

    2-min read
  • BusinessAOL

    Bank fined £56m over IT meltdown

    Royal Bank of Scotland is to pay fines totalling £56 million following an IT meltdown in 2012, which locked millions of customers out of their accounts. The group, which includes NatWest and Ulster Bank, has already paid more than £70 million in

    2-min read
  • BusinessAOL

    Banks fined £2 billion for forex rigging

    Five of the world's biggest banks are to pay fines totalling £2 billion after regulators today lifted the lid on the latest scandal to rock the industry. Taxpayer-funded Royal Bank of Scotland (RBS), along with HSBC, Citibank, JPMorgan

    3-min read
  • TechnologyAOL

    Cyber attack on RBS websites

    Royal Bank of Scotland said its websites were the victim of a cyber attack that left some customers unable to access their accounts in the group's second computer crash in less than a week. The group's sites went down for about an

  • NewsAOL

    Anger as 250 jobs go in RBS cuts

    Almost 250 jobs are to be cut by the Royal Bank of Scotland in a move described as "devastating" for affected staff. The bank said it will ensure that compulsory redundancies will be kept to a minimum when the jobs go from sites in

  • NewsAOL

    Ulster Bank to cut up to 1,800 jobs

    Royal Bank of Scotland's troubled Ulster Bank arm announced up to another 1,800 job cuts and around 40 branch closures under plans to return it to profit within the next three years. Ulster will slash its branch network from 214 to between

  • NewsAOL

    Bereaved daughter takes dad's ashes to bank

    Siobhon Peers, 31, of Davenport near Stockport, has revealed that she was reduced to taking an urn of her father's ashes along to her local branch of the Royal Bank of Scotland, in an effort to prove that her father was dead. She had been