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	<title>Business7 - Tag - rbs</title>
	<link>http://www.business7.co.uk/</link>
	<description>Read the latest UK business news headlines and full reports. Updates on Scottish business, UK business and news from around the world.</description>
	<language>en-gb</language>
	<copyright>Trinity Mirror 2013</copyright>
	<lastBuildDate>Thu, 20 Jun 2013 07:29:02 GMT</lastBuildDate>

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	<itunes:summary>Read the latest UK business news headlines and full reports. Updates on Scottish business, UK business and news from around the world.</itunes:summary>
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		<title>RBS announces 2,000 jobs to go as chief executive steps down</title>
		<link>http://www.business7.co.uk/business-news/scottish-business-news/2013/06/13/rbs-announces-2-000-jobs-to-go-as-chief-executive-steps-down-106408-23984403/</link>
		<description><![CDATA[<p>Stephen Hester to leave by December and RBS to cut 20% of global investment banking headcount</p>]]></description>
		<author>Business7</author>
		<pubDate>Thu, 13 Jun 2013 09:41:00 GMT</pubDate>
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		<category>Scottish Business News</category>
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		<title>RBS begins succession planning for Stephen Hester&apos;s replacement</title>
		<link>http://www.business7.co.uk/business-news/scottish-business-news/2013/05/28/rbs-begins-succession-planning-for-stephen-hester-s-replacement-106408-23980398/</link>
		<description><![CDATA[<p>RBS restructuring chief Nathan Bostock lined up as strongest internal candidate</p>]]></description>
		<author>Business7</author>
		<pubDate>Tue, 28 May 2013 10:06:00 GMT</pubDate>
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		<category>Scottish Business News</category>
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		<title>Adam &amp; Co sees profits more than double</title>
		<link>http://www.business7.co.uk/business-news/company-results-and-forecasts/2013/05/17/adam-co-sees-profits-more-than-double-106408-23977852/</link>
		<description><![CDATA[<p>ADAM & Co, the private bank owned by Royal Bank of Scotland, saw profits more than double last year as it benefitted from reduced costs and investment in the business.</p>]]></description>
		<author>Business7</author>
		<pubDate>Fri, 17 May 2013 12:49:00 GMT</pubDate>
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		<category>Company Results &amp; Forecasts</category>
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		<title>RBS offloads 17% stake in Direct Line</title>
		<link>http://www.business7.co.uk/business-news/scottish-business-news/2013/03/13/rbs-offloads-17-stake-in-direct-line-106408-23964683/</link>
		<description><![CDATA[<p>Share sale part of wider divestment forced by the EU in return for &#163;45.5bn bailout</p>]]></description>
		<author>Business7</author>
		<pubDate>Wed, 13 Mar 2013 13:03:00 GMT</pubDate>
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		<category>Scottish Business News</category>
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		<title>Bed retailer Dreams sold out of administration in pre-pack deal</title>
		<link>http://www.business7.co.uk/business-news/scottish-business-news/2013/03/06/bed-retailer-dreams-sold-out-of-administration-in-pre-pack-deal-106408-23963196/</link>
		<description><![CDATA[<p>13 of Dreams' 25 Scottish stores bought out of administration</p>]]></description>
		<author>Business7</author>
		<pubDate>Wed, 06 Mar 2013 16:34:00 GMT</pubDate>
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		<category>Scottish Business News</category>
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		<title>Royal Bank of Scotland reports &#163;5.16bn annual loss</title>
		<link>http://www.business7.co.uk/business-news/company-results-and-forecasts/2013/02/28/royal-bank-of-scotland-reports-5-16bn-annual-loss-106408-23961938/</link>
		<description><![CDATA[<p>RBS says it may face further fines for LIBOR fixing and ups interest rate mis-selling pot by &#163;650m</p>]]></description>
		<author>Business7</author>
		<pubDate>Thu, 28 Feb 2013 13:06:00 GMT</pubDate>
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		<category>Company Results &amp; Forecasts</category>
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		<title>RBS and Lloyds expected to report significant annual losses </title>
		<link>http://www.business7.co.uk/business-news/scottish-business-news/2013/02/22/rbs-and-lloyds-expected-to-report-significant-annual-losses-106408-23960768/</link>
		<description><![CDATA[<p>Fines and compensation payments expected to push both state-backed banks into loss</p>]]></description>
		<author>Business7</author>
		<pubDate>Fri, 22 Feb 2013 12:52:00 GMT</pubDate>
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		<category>Scottish Business News</category>
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		<title>RBS chief to take bonus despite LIBOR rate rigging admission </title>
		<link>http://www.business7.co.uk/business-news/scottish-business-news/2013/02/11/rbs-chief-to-take-bonus-despite-libor-rate-rigging-admission-106408-23958432/</link>
		<description><![CDATA[<p>Stephen Hester will receive shares worth &#163;780,000 next month as part of a 2010 performance related bonus</p>]]></description>
		<author>Business7</author>
		<pubDate>Mon, 11 Feb 2013 11:29:00 GMT</pubDate>
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		<category>Scottish Business News</category>
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		<title>RBS facing fine of up to &#163;500m for LIBOR fixing scandal</title>
		<link>http://www.business7.co.uk/business-news/scottish-business-news/2013/02/06/rbs-facing-fine-of-up-to-500m-for-libor-fixing-scandal-106408-23957382/</link>
		<description><![CDATA[<p>John Hourican, who heads the banks investment banking arm, is to step down in wake of the scandal</p>]]></description>
		<author>Business7</author>
		<pubDate>Wed, 06 Feb 2013 08:13:00 GMT</pubDate>
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		<category>Scottish Business News</category>
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		<title>RBS to split investment banking arm </title>
		<link>http://www.business7.co.uk/business-news/scottish-business-news/2013/01/21/rbs-to-split-investment-banking-arm-106408-23954149/</link>
		<description><![CDATA[<p>The bank is accelerating plans to break up its investment banking division in wake of Libor fixing scandal </p>]]></description>
		<author>Business7</author>
		<pubDate>Mon, 21 Jan 2013 10:46:00 GMT</pubDate>
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		<category>Scottish Business News</category>
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