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Tuesday December 8, 2009
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Royal Bank of Scotland News is an EIN News Service for real estate professionals. Constantly updated news and information about reale state.
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  • Now 'Scrooge' RBS hits homeowners with Christmas crackdown on borrowing 8 Dec 2009 05:25 GMT
    ... Hit: RBS customers with a Foundations mortgage have found their resources slashed Taxpayer-owned Royal Bank of Scotland has launched a Christmas crackdown on ... back tens of thousands of pounds from homeowners. Thousands of customers have received letters slashing ...

  • Taxpayer facing long wait to reap benefits of bailing out banks 8 Dec 2009 00:51 GMT
    ... yesterday published its final agreement with the Royal Bank of Scotland on the bank's participation in the ... example, still holds a trillion-dollar portfolio of mortgage-backed securities - so-called toxic assets - thanks ...

  • Clouds over Turnberry as Dubai owner mulls sales 8 Dec 2009 00:58 GMT
    ... television: "(Dubai World] has foreign investments and real estate investments abroad. There is nothing to prevent ... night locked in talks with lenders, including Royal Bank of Scotland, Standard Chartered, HSBC and Lloyds ...

  • Britain's chancellor considers tax on bankers' bonuses 8 Dec 2009 00:33 GMT
    ... One of the banks saved was the Royal Bank of Scotland (RBS). It's now 80 ... of London, Lord Myners said in the House of Lords that the threat by the ...

  • Brown to cut senior civil servants' pay by 20% 8 Dec 2009 02:04 GMT
    ... Darling, outlines a pre-budget report to the House of Commons that is expected to show ... Separately, Mr Darling moved to ensure that Royal Bank of Scotland staff working on toxic ...

  • Darling eyes tax on big bonuses before elections 8 Dec 2009 05:25 GMT
    ... reverse a tax cut for Britain's richest households in efforts to win over voters before ... had not seen bonus plans from government-controlled Royal Bank of Scotland Group, but he had ...

  • 'Scrooge' RBS hits homeowners with Christmas crackdown on flexible mortgage borrowing 7 Dec 2009 22:54 GMT
    ... Hit: RBS customers with a Foundations mortgage have found their resources slashed Taxpayer-owned Royal Bank of Scotland has launched a Christmas crackdown on ... back tens of thousands of pounds from homeowners. Thousands of customers have received letters slashing ...

  • Appeal aims to build homes for poverty-hit Gambians 7 Dec 2009 17:23 GMT
    ... Appeal aims to build homes for poverty-hit Gambians FUND-RAISERS in Truro have ... Truro have unveiled ambitious plans to build houses for a poverty-stricken community in the Gambia. ... 279716 or you can donate via the Royal Bank of Scotland account number 10080552, sort code ...

  • London & Associated Properties sells property in London 7 Dec 2009 22:41 GMT
    ... for approximately £6.6 million. The retail investment property was sold to PRUPIM. The sale price ... pay down a revolving credit facility with Royal Bank of Scotland. The balance will be added to ...

  • Taxpayer to own stake in nursing home chain 7 Dec 2009 09:33 GMT
    ... The taxpayer is poised to become major shareholder in the UK’s biggest nursing home chain Four Seasons, according to a report yesterday. Royal Bank of Scotland is to write off more than £300m owed by the group in ...

  • Vacant possessions 7 Dec 2009 03:55 GMT
    ... it was difficult to believe that the real estate dream would become a nightmare for the ... lending market was dominated by HBOS and Royal Bank of Scotland, accounting for almost half of the ... banks to overcome. About $1,600bn of commercial mortgage debt is estimated to mature in the ...

  • News Analysis: Israeli analysts say Dubai's crisis to have limited global impact 7 Dec 2009 00:51 GMT
    ... world's cranes operating on its skyscrapers and residential properties. As one takes to the air ... even more so to its focus on real estate. The highest skyscrapers are to be found ... billion U.S. dollars. Lloyds Bank and the Royal Bank of Scotland are among other Britishcreditors. Standard Chartered, Emirates ...

  • INVESCO Lev Hgh Yld Final Results 7 Dec 2009 16:57 GMT
    ... up to US$1.2 trillion of government and mortgage-related debt to help boost lending and promote ... Fortis Ba3/BB Floating Perpetual 240 0.3 Hypo Real Estate A3/BBB Floating 09 Feb 2010 225 0.3 ... Ba2/BBB Floating 15 Mar 2087 588 6.250 Royal Bank of Scotland B3/CCC+ Floating Perpetual 1,337 1.5 7.640 ...

  • Dubai ring-fences key assets, shares tumble 7 Dec 2009 17:32 GMT
    ... said. London-listed Standard Chartered, HSBC, Lloyds and Royal Bank of Scotland will attend, along with local ... ... The company has foreign investments and real estate investments abroad. There is nothing to prevent ... in Washington, D.C. as well as sought-after property in London including 10 Whitehall Place. Infinity ...

  • Dubai World prepares to sell overseas assets 7 Dec 2009 10:37 GMT
    ... sell some of its foreign investments and real estate assets abroad, which include the QE2, the ... exposure to Dubai World of about $5bn. Royal Bank of Scotland was the most exposed of ... to the V&A Waterfront, a retail and property development, in South Africa. As bondholders mull ...


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