Latest Royal Bank of Scotland Group Stories

By Sean O'Grady *Belgian government promises 100% security as share price plunges and new chief is appointed to stabilise debt-laden group The credit crunch seems poised to claim its first major eurozone victim this week. The Belgian-Dutch financial group Fortis, which specialises in banking and insurance, may sell itself or its ABN AMRO Dutch banking subsidiary. Its fate is being closely monitored by European Union officials, too. The finance ministers and central banks in Belgium and...

BELFAST'S George Best airport has been sold for pounds 132.5million. That's almost FOUR times what its present owners-the Spanish Ferrovial Group - paid five years ago. The new owners are the ABN AMRO Global Infrastructure Group. Brian Ambrose, the airport's chief executive said the sale would not affect day-to-day business. He said: "We look forward to continuing to serve both our business partners and our customers and to continued investment." (c) 2008 People, The; London. Provided...

By Aled Blake GLOBAL chemicals firm Warwick International has been bought by its management team in a deal worth pounds 129m. The takeover was backed by London-based Close Brothers Private Equity (CBPE) and was funded by a banking club led by the Royal Bank of Scotland (RBS). The deal sees CBPE and Warwick's senior management team acquire the entire share capital of the business from Sequa Corporation, the US-based parent company. Chief executive officer Bob Ellis and his executive...

AN investigation was launched yesterday after a computer holding up to one million high street bank customers' details was sold on eBay for pounds 35. IT manager Andrew Chapman bought a computer on eBay for pounds 35, not knowing that the hard drive contained personal information relating to bank customers. The computer had been sold by an employee of data processing company Mail Source which is part of Graphic Data, a company that holds financial information for organisations, and was...

Officials are investigating the sale via eBay of a computer containing detailed personal information of millions of bank customers.The computer sold for approximately $140, and was purchased by Andrew Chapman, a 56-year-old IT manager from Britain.Mr. Chapman told BBC News the machine contained information on several million bank customers.  Detailed personal data of customers of three different banks, including the Royal Bank of Scotland and its subsidiary, Natwest, were involved.RBS...

By Sadie Gray The personal details of more than a million high- street bank customers have been found on the hard drive of a computer sold on eBay for 35. The information on customers of NatWest, the Royal Bank of Scotland and American Express included mobile phone numbers, bank account numbers, mothers' maiden names and signatures. The computer had belonged to Graphic Data, a company which stores information for financial organisations, and was used at the firm's archive in Shoeburyness,...

CHINA Goldmines, which was launched by North East entrepreneur Karl Watkin in 2005, has appointed a new chairman. Clive Donner, who has served in the role since the business was admitted to the Alternative Investment Market in 2006, has retired as chairman but will remain with the company as a non-executive director. He has been succeeded as chairman by Lance Browne, who was already a non-executive director of the business. Based in Shanghai, he has lived in China since 1979, working in...

HOUSTON, June 9 /PRNewswire/ -- Fortis Energy Marketing and Trading (FEMT), a division of Fortis Merchant Banking, today announced the hire of Don Black, 43, as Head of Power & Gas Trading. Mr. Black will be based in Houston, TX and will report directly to Luc Machiels, President of FEMT and Deputy Head of the Global Energy & Commodities Group. Mr. Black will join FEMT in August 2008. David Green, Head of Gas Trading and Lloyd Jackson, Head of Power Trading will report to Mr. Black....

By Valentina Consiglio ROME (Reuters) - Bank of Italy Governor Antonio Fazio, under pressure to resign over a bank takeover battle, on Monday faced questions from magistrates investigating him for abuse of office. Fazio's arrival in court was the latest chapter in a three-month-long saga that many politicians and business leaders say has tarnished Italy's image. The court appearance has taken the Fazio affair to a new level because the magistrates' decision on whether they believe...