Bank of Scotland

In contrast, Royal Bank of Scotland =, rescued by the British taxpayer, was able to suspend interest payments on only some of its hybrids.

As Alan Ruskin of the Royal bank of Scotland remarked, this was a contest among the G7 nations to see who could post the worst numbers.

Both Enzos were involved in a bank repossession by the Bank of Scotland and were illegally imported to the United States.

One of its biggest creditors is Royal Bank of Scotland, which recently became a ward of the British state after a bail-out of its own.

Thankfully it's more likely to be a huge company, like the Royal Bank of Scotland, that suffers with your toxic debt, and not me or you.

The drama in the stocks of banks at the centre of the rumours, with Royal Bank of Scotland the latest hapless victim, did not permit that.

The Dutch state-owned ABN Amro Bank said Friday that it had completed its legal separation from the Royal Bank of Scotland.

In 2005, the bank advised Royal Bank of Scotland on the acquisition of a stake in Bank of China, and eventually invested alongside it.

But far from being the next Royal Bank of Scotland-ABN AMRO, or even Time Warner-AOL, the deal looks reasonable in many respects.

Royal Bank of Scotland, the UK-based lender, is to double its headcount in Asia-Pacific over the next three years.

Royal Bank of Scotland, which is 84% owned by the UK taxpayer, appears to have been one of the biggest losers from the alleged fraud.

Mervyn King, the governor of the Bank of England, revealed how close Royal Bank of Scotland and HBOS came to collapse in October 2008.

Royal Bank of Scotland bid for ABN Amro at the peak of the credit boom and had to be rescued by the state.

NORTHERN ROCK was rescued in September 2007, more than a year before the much-bigger Royal Bank of Scotland (RBS), Lloyds TSB and HBOS.

Royal Bank of Scotland (RBS), the biggest property lender, is in an especially peculiar position.

LIVERPOOL FC are likely to avoid a Premier League points deductions even if the Royal Bank of Scotland takes over the club.

The state will then be forced to make huge loans to dodgy firms, as was the case with AIG and Royal Bank of Scotland.

"The reality was you could never be certain that anything was correct, " says a former executive at Royal Bank of Scotland.

"Markets have an underlying sense of greater fragility, " said Alan Ruskin, strategist at the Royal Bank of Scotland.

Back in February, traders on the floor of Royal Bank of Scotland in Connecticut gasped in shock at their screens.

ANZ has made it to the bidding shortlist for the Asian assets of Royal Bank of Scotland, which could deliver it a network in Hong Kong.

"Even before QE began, the system had far more liquidity than banks needed, " says Mark Capleton, a strategist at Royal Bank of Scotland.

Royal Bank of Scotland has launched a Chinese securities joint venture, the first of its kind for a UK bank.

The Royal Bank of Scotland also recently sold its stake in the Bank of China.

The British government rejigged its aid packages to Royal Bank of Scotland and Lloyds Banking Group.

The Treasury holds a majority stake in Royal Bank of Scotland and a substantial slice of Lloyds Banking Group.

Lloyds Banking Group and the Royal Bank of Scotland will also be returned to the private sector.

Banks around the world, including HSBC and Royal Bank of Scotland, lent billions to funds that invested in Mr Madoff's scam.

Struggling outdoor retailer Blacks Leisure updated the market on its restructuring plan and new bank facilities with Bank of Scotland.

It pinpointed the state-backed Royal Bank of Scotland as having the biggest potential problem, as it helped arrange $2. 3bn of those loans.

Much larger than expected losses at Halifax-Bank of Scotland or HBOS, which Lloyds recently acquired, sent jitters through the market.

The controversy is not surprising. Britain had two of the world's largest bail-outs, of Lloyds Group and Royal Bank of Scotland (RBS).

In the UK, for example, the balance sheet of the Royal Bank of Scotland at its peak was not far from the size of the British economy.

Similarly, Royal Bank of Scotland economist Ben Simpfendorfer retained his estimate of no change in policy rates this year.

Royal Bank of Scotland is building a new management team and a new and streamlined board.

A failed auction is hardly a tragedy for a sound borrower like Germany, says Harvinder Sian at the Royal Bank of Scotland.

At Royal Bank of Scotland, which had to be rescued by taxpayers last year, 90% of voting shareholders rejected its pay policies last month.

Royal Bank of Scotland is also expected to have to make large disposals.

In all, Chinese banks are aiming to raise at least $68 billion, according to the Royal Bank of Scotland.

Two other rescued firms, Royal Bank of Scotland and Commerzbank, took a similar approach.

By contrast, Lloyds Banking Group and Royal Bank of Scotland, which are now state-controlled, are both forecast to make losses.

ABN AMRO, an arm of Royal Bank of Scotland Group PLC, arranged an event at which its high-worth clients could hear a variety of views.

The host was the Royal Bank of Scotland, a major investor in cluster bombs.

The bank most in need of extra capital is Royal Bank of Scotland, which rashly bought ABN Amro at the top of the market last year.

Europe has let lots of blood, too: the bosses behind fiascos at UBS, Fortis and Royal Bank of Scotland (RBS) have gone to the guillotine.

Foreign banks with a large exposure to Ireland, notably Royal Bank of Scotland, also fell.

'India's fiscal situation is reaching grave proportions, ' says Sanjay Mathur, economist for Royal Bank of Scotland.

A sell-off of assets owned by Lloyds and Royal Bank of Scotland may eventually restore some competition to the banking market.

Royal Bank of Scotland and UBS have each hired about a dozen bankers dedicated to mortgage-backed securities.

The outgoing boss of the Royal Bank of Scotland, Sir Fred Goodwin, is to receive no pay-off.

"It's not a silver bullet, " said Jason Simpson, UK rates strategist at the Royal Bank of Scotland.

Royal Bank of Scotland has received three private equity fund bids for its payment-processing business WorldPay.

Financial giants Royal Bank of Scotland and Standard Life are in Shanghai and Tianjin respectively.

The report is unlikely to affect the refinancing of Hicks and George Gillett's LFC loan with Wachovia and the Royal Bank of Scotland.

'The luxury market can maintain its premium value, ' said David Ng, a property analyst for Royal Bank of Scotland.

Royal Bank of Scotland reckons that foreign banks own about euro1 trillion of the sovereign debt of Greece, Portugal and Spain.

JPMorgan Chase and Royal Bank of Scotland are set to shed jobs at Bear Stearns and ABN AMRO's wholesale arm respectively.

What is worse, ABN Amro, now a subsidiary of Royal Bank of Scotland, then insured much of the issued securities.

Britain's Royal Bank of Scotland and Australia's Macquarie Group have also recently made redundancies.

The taxpayer is already the majority owner of Royal Bank of Scotland (RBS) and Lloyds Banking Group in Britain.

The result is a wash: Enron and WorldCom both split the two jobs, as did the Royal Bank of Scotland and Northern Rock.

an astonishing feat since its potential exposure to Lloyds Banking Group and Royal Bank of Scotland alone approaches 20% of GDP.

Some demonstrators smashed windows and broke into the Royal Bank of Scotland.

Investors in Citigroup and Royal Bank of Scotland have been all but wiped out.

The deal comes as Liverpool is struggling to repay its debts to lenders led by Royal Bank of Scotland Group PLC.

In recent years, the only larger issues have all come from banking groups such as Royal Bank of Scotland, HSBC and Fortis.

The Royal Bank of Scotland sets deadlines for internal projects in days rather than weeks.

Royal Bank of Scotland Group Plc and Citigroup Inc. reduced their share-price estimates.

The British government owns 58 per cent of Royal Bank of Scotland.

By some measures, Lloyds is in fact now in worse shape than Royal Bank of Scotland.

Another winner was Stephen Hester, chief executive of Royal Bank of Scotland.

One closely watched sale: Royal Bank of Scotland Group continues to sell assets in Asia.

Britain has now swapped its preference shares in Royal Bank of Scotland into pure equity, taking its stake to 70%.

Royal Bank of Scotland and Lloyds TSB, two other British banks, have followed suit.

On November 3rd Britain's two monsters, Royal Bank of Scotland (RBS) and Lloyds Banking Group (LBG), got the treatment.

However, many strategic investors, including UBS and Royal Bank of Scotland, sold their stakes this year as soon as lock-ins expired.

Royal Bank of Scotland PLC said it isn't talking to a bidder.

Royal Bank of Scotland alone accounted for 45 per cent of this latter increase.

Royal Bank of Scotland also wants to reduce its participation in the scheme.

But the vote is only advisory, even if, as was the case last year with Royal Bank of Scotland, 90% vote against the report.

The company had been in talks with Royal Bank of Scotland for months.

In the UK, Lloyds Banking Group and Royal Bank of Scotland are likely to face demands to shrink.

At more risk will be the investment banking arms of Royal Bank of Scotland and Lloyds.

It follows similar moves from Credit Suisse and Royal Bank of Scotland.

Stripping out inflation, Royal Bank of Scotland reckons the 18 per cent year-on-year increase in retail sales is a mere 10 per cent.

Merrill Lynch and the Royal Bank of Scotland tripled their money from investing in Bank of China.

The FSA has supposedly thrown up obstacles because of the scars left by Royal Bank of Scotland's disastrous takeover of ABN Amro.

In the UK, the government ended up with a majority stake in Royal Bank of Scotland.

"The more the government does, the more the MPC can't do, " says Geoffrey Dicks, an economist at the Royal Bank of Scotland.

Hence the outrage in Royal Bank of Scotland at suggestions the government might curb bonuses merely because it happens to be the owner.

In London, HSBC Holdings fell 4. 3 percent, Royal Bank of Scotland declined 4. 2 percent and Barclays fell 3. 9 percent.

Royal Bank of Scotland Plc predicts the economy will grow 8 percent next year, while 5 percent ``can't be ruled out. ''

That could result in the government becoming the biggest shareholder, and even a majority investor, in Royal Bank of Scotland and HBOS.

The Royal Bank of Scotland ( estimated leverage: 39. 3 ) has already started slimming down .

A Royal Bank of Scotland (RBS) cash machine.

Royal Bank of Scotland has agreed to sell 318 branches to Santander.

(Royal Bank of Scotland Group).

Figures from the Royal Bank of Scotland suggest that not everyone was so lucky.

Royal Bank of Scotland, the UK lender, has raised about $2. 4bn by offloading its stake in Bank of China.

Royal Bank of Scotland Group PLC slumped 12% Monday.

In January the fund acquired about a third of the $2. 3bn stake in Bank of China sold by Royal Bank of Scotland at HK$1. 71 a piece.

It is also about double the discount given by Royal Bank of Scotland when it sold its $2. 3bn stake in Bank of China in January.

Royal Bank of Scotland (RBS) spent more than $100m to comply with Basel 2.

Royal Bank of Scotland is targeting 10 per cent of revenues from Asia by 2010.

Royal Bank of Scotland Group Plc retreated 3 percent to 40. 51 euros.

Royal Bank of Scotland Group shares tumbled 12. 3%, and Deutsche Bank 8. 9%.

According to Royal Bank of Scotland, around 60 per cent of fixed asset investment in China is financed by self-raised funds.

The couple are living in Hong Kong where Mr Phillips works in the sponsorship division of the Royal Bank of Scotland.

At around $60bn, it was also nearly half last year's quarterly average of $100bn, according to Royal Bank of Scotland.

Ben Simpfendorfer, an analyst in Hong Kong for the Royal Bank of Scotland, agrees.

"There are headwinds for the sector, " says Wendy Liu, head of China research at Royal Bank of Scotland in Hong Kong.

By last year that had shrunk to 6. 2, according to figures from Royal Bank of Scotland.

"This data should dispel concerns over a hard landing in China, " said Wendy Liu, a Hong Kong-based analyst with Royal Bank of Scotland.

Even the Royal Bank of Scotland chairman Sir Philip Hampton admitted regulation was the only way to restrain the annual bonanza

The Governor and Company of the Bank of Scotland

The writer is chief China economist for The Royal Bank of Scotland and author of The New Silk Road

TIM JAGGER, ASIA PACIFIC HEAD OF CREDIT STRATEGY, ROYAL BANK OF SCOTLAND, SINGAPORE

Royal Bank Of Scotland Shanghai Representative Office

Royal Bank Of Scotland Beijing Representative Office

Bidding is under way for the insurance arm of Royal Bank of Scotland;

THE ROYAL BANK OF SCOTLAND GROUP PUBLIC LIMITED COMPANY

According to the Royal Bank of Scotland, 46% of goods in Europe are transported by road, 37% by sea and 11% by rail;

Royal Bank of Scotland Plc index

Royal Bank of Scotland PLC, RBS

DRAWEE-NM&ADDR: THE ROYAL BANK OF SCOTLAND PLC, HONG KONG