August 31, 2016 7:48 PM ET

Banks

Company Overview of The Royal Bank Of Scotland plc

Company Overview

The Royal Bank Of Scotland plc provides various banking and financial products and services to personal, commercial, and corporate and institutional customers in the United Kingdom, the United States, Europe, and internationally. The company offers savings, current, currency, and third party deposit accounts; cash management services; and loans that include personal, car, debt consolidation, home improvement, holiday loans, business, fixed and variable rate, LIBOR, and currency loans, as well as structured and asset finance, overdrafts, agricultural lending, and enterprise finance guarantees. It also provides mortgages, such as first time buyer, moving home, remortgages, and buy to let produ...

PO Box 1000

Gogarburn

Edinburgh,  EH12 1HQ

United Kingdom

Founded in 1984

87,000 Employees

Phone:

44 13 1626 0000

Key Executives for The Royal Bank Of Scotland plc

Group Chief Executive Officer and Executive Director
Age: 59
Chief Financial Officer and Executive Director
Age: 50
Chairman of Rbs Group In China and Chief Executive Officer of Rbs Group In China
Chairman of Small Business Banking
Age: 60
Managing Director of FX Sales
Compensation as of Fiscal Year 2016.

The Royal Bank Of Scotland plc Key Developments

The Royal Bank Of Scotland plc Reports Consolidated Earnings Results for the Half Year Ended June 30, 2016

The Royal Bank Of Scotland plc reported consolidated earnings results for the half year ended June 30, 2016. For the period, the company reported net interest income of £4,192 million, total income of £5,833 million, operating profit before tax of £218 million and net loss attributable to ordinary shareholders was £108 million against net interest income of £4,245 million, total income of £6,786 million, operating loss before tax of £147 million and net loss attributable to ordinary shareholders was £358 million a year ago. Loss from continuing operations was £83 million compared to £390 million a year ago. Net cash flows used in operating activities was £4,892 million compared to net cash flows from operating activities of £9,663 million a year ago.

The Royal Bank of Scotland Group plc and The Royal Bank of Scotland plc Announces Final Results of Tender Offers for Certain U.S. Dollar Securities

On March 30, 2016, The Royal Bank of Scotland Group plc (RBSG plc) and The Royal Bank of Scotland plc (RBS plc) separately invited holders of the securities issued by them to tender any and all of their Securities for purchase by the relevant Offer or for cash on the terms of, and subject to the conditions set in the tender offer memorandum dated March 30, 2016. Capitalized terms not otherwise defined in this announcement have the same meaning as assigned to them in the Tender Offer Memorandum. Further to such invitation, the Offerors announced at 11:00 a.m. (New York City time) on April 6, 2016 the Fixed Spread Purchase Price in respect of the 2019 Notes, the 2020 Notes and the 2021 Notes. According to information provided by the Tender Agent for the Offers, USD 591,378,000 aggregate principal amount of the 2017 Notes, USD 530,196,000 aggregate principal amount of the 2019 Notes, USD 53,069,000 aggregate principal amount of the 2020 Notes and USD 31,368,000 aggregate principal amount of the 2021 Notes were validly tendered by the Expiration Deadline and not validly withdrawn, which amounts include USD 300,000 aggregate principal amount of the 2019 Notes, USD 238,000 aggregate principal amount of the 2020 Notes and USD 2,000 aggregate principal amount of the 2021 Notes that remain subject to the guaranteed delivery procedures described in the Tender Offer Memorandum.

The Royal Bank of Scotland plc Reports Consolidated Earnings Results for the Year Ended December 31, 2015

The Royal Bank of Scotland plc reported consolidated earnings results for the year ended December 31, 2015. For the year, the company reported net interest income of £8,408 million compared to £8,866 million a year ago. Total income was £12,151 million compared to £14,618 million a year ago. Operating loss before tax was £3,153 million compared to operating profit before tax of £2,403 million a year ago. Loss from continuing operations was £3,124 million compared to profit from continuing operations of £370 million a year ago. Loss attributable to ordinary shareholders was £1,950 million compared to £3,234 million a year ago. Net cash flow from operating activities was £1,122 million compared to net cash flow used in operating activities of £14,420 million a year ago.

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