Mumbai: The Royal Bank of Scotland (RBS) India will offer philanthropy services as a part of its wealth management segment in the country.
"We started providing philanthropy services under wealth management in Britain from 2005. As India is one of our key international markets, we will soon provide this service to our clients under our wealth management portfolio," RBS Executive Director for philanthropy services, wealth management division, Maya Prabhu, said.
Rising level of prosperity and family-run businesses here provide a lot of opportunities in this space, she said. ...
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02:53 AM, Apr 16, 2012
London: The state-controlled Royal Bank of Scotland (RBS) has announced that it is to cut 215 full-time jobs, shifting nearly 300 back-office roles to centres in India, in a move that has incensed employee unions. "We have embarked upon a three-year transformation programme across our finance division which will increase efficiency and allow us to serve our customers better," a spokesman for RBS said. He added: "This includes looking at...
01:26 AM, Mar 06, 2012
New York: Standard & Poor's reduced its credit ratings on 15 big banking companies, mostly in the Europe and the United States, on Tuesday as the result of a sweeping overhaul of its ratings criteria. JPMorgan Chase & Co, Bank of America Corp, Citigroup Inc, Wells Fargo & Co, Goldman Sachs Group Inc, Morgan Stanley, Barclays Plc, HSBC Holdings Plc, Royal Bank of Scotland Group Plc and UBS AG, were...
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The government already owns 58 per cent of the bank. ...
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The troubled bank is to axe 15 per cent of its global work force. ...
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CNN-IBN's Akansha Banerji explains UK’s $87-bn bailout plan. ...
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