Britain's part state-owned banks continued their efforts to shed government support, as Lloyds Banking Group forecast a return to profit and Royal Bank of Scotland said it would cut 1,400 more jobs.

The Royal Bank of Scotland announced 1,400 new job cuts on Thursday as the bank continues to reduce its operations to bolster its profitability.

Royal Bank of Scotland Group PLC (RBS) said Thursday it will cut around 1,400 jobs in its retail head office, as part of a restructuring of the unit to improve returns.

Royal Bank of Scotland (RBS) is to cut a further 1,400 jobs from its retail banking head office over the next two years.

DUBLIN (Reuters) - Royal Bank of Scotland will cut 1,400 jobs over the next two years in a restructuring of its retail head office in Britain, the part-nationalized bank said on Thursday.

Royal Bank of Scotlandwill cut 1,400 jobs over the next two years in a restructuring of its retail head office in Britain, the part-nationalized bank said on Thursday.

DUBLIN, May 16 (Reuters) - Royal Bank of Scotland will cut 1,400 jobs over the next two years in a restructuring of its retail head office in Britain, the part-nationalised bank said on Thursday.

NEW YORK, May 15 (Reuters) - Prime Minister David Cameron is "open to all ideas" for returning Royal Bank of Scotland to private ownership but its finances must improve first, he told reporters on...

NEW YORK, May 15 (Reuters) - Prime Minister David Cameron is "open to all ideas" for returning Royal Bank of Scotland to private ownership but its finances must improve first, he told reporters on the last day of a three-day visit to the United State

EDINBURGH (Reuters) - Royal Bank of Scotland said on Tuesday it would need another 18 months to strengthen its capital position enough to satisfy regulators.

Royal Bank of Scotland PLC (RBS) Chief Executive Stephen Hester said Tuesday that the bank had another 18 months to get its capital ratios in shape, as the lender hinted at another round of job cuts.

EDINBURGH (Reuters) - Royal Bank of Scotland said 99.3 percent of shareholders who voted approved its remuneration report at its annual shareholder meeting on Tuesday.

Royal Bank of Scotland Group PLC (RBS) Chief Executive Stephen Hester said Tuesday that the bank had another 18 months to get its capital ratios in shape.

Royal Bank of Scotland Group PLC (RBS) said Tuesday that will spend GBP450 million upgrading its information technology infrastructure, following a series of computer glitches that saw customers unable to access their accounts.

Royal Bank of Scotland'sChief Executive Stephen Hester said on Tuesday it will take another 18 months to improve the bank's capital position enough to keep regulators happy.

Five years after rescuing the Royal Bank of Scotland, one of the world's biggest banks, the British government still hasn't figured out what to do with it—a sign of the country's struggle to put its banking woes behind it.

One investor makes the case for a 50% rise in the Royal Bank of Scotland share price.

Royal Bank of Scotland appointed Nathan Bostock, currently its chief risk officer, as its new finance chief as it enters the final throes of a five-year restructuring plan aimed at putting it back into private hands.

LONDON (Reuters) - Royal Bank of Scotland's chief executive Stephen Hester has moved two of his key lieutenants into new roles as he prepares for a sale of shares in its U.S. arm Citizens Financial Group.

Bruce Van Saun, Royal Bank of Scotland’s finance director, has been appointed chief executive of the Citizens Financial Group, the company's United States unit, two years ahead of its planned initial public offering.

LONDON (Reuters) - State-backed Royal Bank of Scotland said Nathan Bostock is to become its finance director, replacing Bruce Van Saun, who will take charge of the bank's U.S. business, Citizens.

The Royal Bank of Scotland Group PLC (RBS.LN), the bank 81% owned by the U.K. government, Thursday announced changes to its management team and board, saying that Bruce Van Saun, currently Finance Director, is to become Chairman and Chief Executive o

LONDON, May 9 (Reuters) - Royal Bank of Scotland said on Thursday Nathan Bostock would become its finance director, replacing Bruce Van Saun, who will take charge of the bank's U.S. business, Citizens.

By Muhammad Bazil:The Royal Bank of Scotland Group plc (ADR) (RBS) is an international banking and financial services company which provides a wide range of services to commercial, personal, and corporate customers through its principal subsidiaries.

Royal Bank of Scotland is "desperate" to lend £20bn to UK businesses, the bank's chief executive has claimed.

The Royal Bank of Scotland Group (RBS)Q1 2013 Interim Management Statement CallMay 03, 20134:00 am ETExecutivesStephen A. M. Hester - Group Chief Executive Officer, Executive Director and Member of Executive CommitteeBruce W. Van Saun - Group Finance

The chairman of Royal Bank of Scotland wants the government to be able to sell its stake in the bank by next summer. Is that a realistic timetable?

The U.K. government may be just a year away from selling its majority stake in Royal Bank of Scotland.

LONDON (Reuters) - Britain has no imminent plans to start selling shares in state-backed lenders Royal Bank of Scotland and Lloyds Banking Group but a sale of shares next year is realistic, sources with knowledge of government plans said.

Royal Bank of Scotland Group PLC (NYSE: RBS) posted a profit in the first quarter. RBS swung to a quarterly net profit of GBP393 million, versus a year-ago loss of GBP1.55 billion. Its revenue declined to GBP5.85 billion from GBP7.13 billion.RBS shar

LONDON, May 3 (Reuters) - The chairman of state-backed Royal Bank of Scotland said he wants to be in a position to prepare a prospectus with the government enabling Britain to start selling off its shares from the middle of next year.

The British bank has signaled that it is moving closer to privatization as Royal Bank of Scotland reported its first quarterly profit since 2011.

LONDON (Reuters) - State-backed Royal Bank of Scotland reported its first quarterly profit in 18 months on Friday and said it expected to complete its restructuring during 2014, potentially enabling the government to start selling shares.

Royal Bank of Scotland Group PLC (RBS) swung to a first-quarter net profit Friday and said it will have largely completed its restructuring in 2014, potentially paving the way for the U.K. government to start selling down its stake in the bank.

Direct Line Insurance Group PLC (DLG.LN), which is majority-owned by the Royal Bank of Scotland Group PLC (RBS), on Friday posted a 33% rise in first quarter operating profit and said it will keep cutting costs as the U.K. general insurance market re

Royal Bank of Scotland (RBS) has reported a pre-tax profit of £826m for the first three months of the year.

LONDON/PARIS (Reuters) - Royal Bank of Scotland is expected to report its first quarterly profit in 18 months on Friday, the fruit of efforts to focus on bread and butter lending and shed the high risk assets that led to its public bailout in 2008.

Business Secretary Vince Cable writes to the Scottish legal authorities urging a rapid decision on whether to prosecute former directors of Royal Bank of Scotland.

U.S. bank regulators reached settlements worth a combined $14 million with Royal Bank of Scotland Group PLC's (RBS) banking subsidiaries, after finding that the banks didn't comply with consumer protection laws.

ZURICH, April 29 (Reuters) - U.S. officials have arrested a former UBS banker working for the Swiss operations of Coutts, the private banking division of Royal Bank of Scotland Group Plc, sources...

ZURICH (Reuters) - U.S. officials have arrested a former UBS banker working for the Swiss operations of Coutts, the private banking division of Royal Bank of Scotland Group Plc , sources told Reuters.

ZURICH, April 29 (Reuters) - U.S. officials have arrested a former UBS banker working for the Swiss operations of Coutts, the private banking division of Royal Bank of Scotland Group Plc, sources...

ZURICH, April 29 (Reuters) - U.S. officials have arrested a former UBS banker working for the Swiss operations of Coutts, the private banking division of Royal Bank of Scotland Group Plc, sources told Reuters.

Former Tesco PLC (TSCDY) Finance Director Andy Higginson, who is representing a consortium of investment and hedge fund companies, has offered Royal Bank of Scotland Group PLC (RBS.LN) more than 1 billion pounds ($1.55 billion) for a network of branc

Royston Wild studies BT Group, Pearson, Royal Bank of Scotland Group, Aberdeen Asset Management, and Intu Properties..

Quarterly earnings from Legal & General Group, British Sky Broadcasting Group, and Royal Bank of Scotland Group are coming our way.

Royal Bank of Scotland Group PLC (RBS) said Friday that it wanted to have the option of issuing bonds that convert into shares in times of financial difficulty.

LONDON, April 26 (Reuters) - State-backed Royal Bank of Scotland said it would ask shareholders for approval to issue debt that converts into equity if the bank hits trouble.

LONDON, April 26 (Reuters) - State-backed Royal Bank of Scotland said it would ask shareholders for approval to issue debt that converts into equity if the bank hits trouble.

The man in charge of selling off the government's stakes in Royal Bank of Scotland and Lloyds has resigned.