With March to May being a turbulent period for shareholders, June appeared to be the month where some semblance of usual service resumed. Though, while most companies began finding their feet again, most of their share prices were significantly below where they were at the start of the year, with a return to previous levels […]

The post Airlines, banks, oil and car companies among the most traded shares in June appeared first on UK Investor Magazine.

Royal Bank of Scotland Group (LON:RBS) saw its share price drop during Friday trading, despite the good progress booked in its full-year fundamentals. The new RBS Chief Executive Alison Rose also said the company would change its name to ‘NatWest’, in an effort to move away from its wrongdoings before and during the 2008 financial […]

The post RBS to switch name to NatWest in symbolic change of course appeared first on UK Investor Magazine.

British banking services company Lloyds Banking Group PLC (LON: LLOY) shares look good value for money, despite ongoing uncertainty and today’s PPI cost announcement. With the PPI compensation claim deadline being hit on the 20th of August 2019, Lloyds announced the final bill for what became a torrent of claims in the closing hours of […]

The post Lloyds looks good value despite PPI charges and bad debts appeared first on UK Investor Magazine.

Royal Bank of Scotland Group Plc (LON:RBS) have named Katie Murray as their new Chief Financial Officer, with Ms Murray having carried out the role on an interim basis following the departure of Ewen Stevenson, to HSBC (LON:HSBA). Ms Murray’s appointment lays the groundwork for RBS to become the first major bank to have women […]

The post RBS names new finance chief appeared first on UK Investor Magazine.

Goldman Sachs Group Inc’s (NYSE:GS) consumer bank Marcus has made a name for itself by topping the UK market for exchange rates on savings accounts. The firm have come to the UK market amid the rise of fintech firms such as Monzo, but have thus far seen success with their online savings accounts which can […]

The post Marcus facing possible headwinds after prolific start appeared first on UK Investor Magazine.

RBS (LON:RBS) are set to continue the trend of highstreet withdrawal, and close 54 more branches in addition to the 162 closures previously announced for this year, with the loss of 792 jobs. The next round of closures will be of 53 branches in November. The 54 closures announced today will be brought into force […]

The post RBS set to close additional 54 branches appeared first on UK Investor Magazine.

RBS bank has been delivered a £846m ($1.1bn) fine, after investigations into its involvement in causing the 2008 financial crash. The fine is to be one of three scheduled, after extensive investigations conducted by the National Credit Union Administration (NCUA) board. This most recent fine is however, included within the stipulated £3.8bn that the bank […]

The post RBS face a further £846 million fine appeared first on UK Investor Magazine.