royal bank of scotland essay

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Year after year, we review dozens of reader nominations, revisit sites from past lists, consider staff favorites, and search the far-flung corners of the web for new celebration of new year essay for a varied compilation that will prove an asset to any writer, of any genre, at any experience level. This selection represents this year's creativity-centric websites for writers. These websites fuel out-of-the-box thinking and help writers awaken their choke palahnuik and literary analysis. Be sure to check out the archives for references to innovative techniques and processes from famous thinkers like Einstein and Darwin. The countless prompts, how-tos on guided imagery and creative habits, mixed-media masterpieces, and more at Creativity Portal have sparked imaginations for more than 18 years. Boost your literary credentials by submitting your best caption for the stand-alone cartoon to this weekly choke palahnuik and literary analysis from The New Yorker. The top three captions advance to a public vote, and the winners will be included in a future issue of the magazine.

Royal bank of scotland essay argumentative definition essay sample

Royal bank of scotland essay

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The collapse of the Northern Rock and Icelandic banking system and the crisis that affected the Royal Bank of Scotland threatened many account holders. The global financial crisis of led many banks to purchase risky assets for later resell. Due to less demands of these assets, many a financial institution found themselves on the verge of insolvency.

Deposit withdrawals from panicking customers worsened the financial situation for such banks. In times of financial distress, even a solvent financial institution or bank may fail to realize its obligations given the opaque and illiquid nature of its assets The Times, During the financial crises, bank runs, implicit, and explicit deposit guarantees increased the likelihood of the crisis.

For the Royal Bank of Scotland, the period after the global financial crises spells a period of recovery and rebuilding. A statement released by Philip Hampton, Group Chairman of RBS shows that the overall financial performance of the group represented a step-change. Operating profit is one of the factors that reflect improved performances of the Royal Bank of Scotland. External market recovery, internal rebuilding processes, and improved economic conditions are other factors that represent another significant stride for the Royal Bank of Scotland.

However, the recovery to improved performance could have come that easily given the uneven spread of economic recovery across many countries, particularly the European period suffered a massive deal of financial turbulence. Before the Global financial crisis, RBS had established itself as one the leading banking partners providing financial services to corporations and financial institutions all over the world.

Other services included the provision of extensive ranges of debt financing, investment services, and risk management services. However, the terms of the share offer seemed unattractive to the majority of RBS shareholders and hence, the UK government acquiring a majority stake in the bank.

This shows that the global financial crisis made RBS, a proud financial institution with a fine heritage in prudent banking to be bailed out by the government. RBS bosses, particularly the Chief Executive, Sir Fred Goodwin, were overoptimistic with regard to the prevailing economic situation and never took precautionary to cushion adverse financial and economic fluctuations.

Risk recognition was a crucial element that lacked in the institution before the credit crunch. Following the failure shares offered to investors, the CEO resigned and as well, the Chairman offered to step-down at the expiry of his contract. The government continued injecting funds to RBS thereby increasing its ownership percentage. A fall in share price from p per share to Other failed investments included the loss of the 4. This move was influenced by two key factors that included the high government stake in the institution and lack of funds.

The consumers also benefitted from dramatic cuts in certain fees and levies operated by the bank and this included declines in monthly maintenance charges, card misuse fees, and unpaid item fees Datamonitor Report, However, there was massive retrenchment at the bank that led to nearly 3, job cuts. Many employees also suffered unpaid bonuses. GE Capital also acquired the factoring and invoice financing business from RBS at undisclosed amount. RBS used funds from the investment and wholesale banking division, an already ailing segment of RBS from its risky assets.

Worse, the acquired bank ABN Amro was already exposed to the effects of the subprime mortgages coupled with the depletion of its capital base Datamonitor Report, RBS had undergone several mergers and acquisitions Kemal, Churchill Insurance Group was also acquired during this period Datamonitor Report, During the last five years, RBS has undertaken several investment initiative and mergers.

Although the consortium was led in conjunction with Fortis and Santander, RBS used its own resources. RBS sold its 4. In August , Santander UK plc. As earlier mentioned, the financial crisis of spelled a bad period for the RBS group and since then, the group has implemented plans to guide its financial performance and subsequently guide the road to recovery. Equally, the support from the UK government shows that RBS is an important institution in improving financial activities across the region.

Equally, mergers and acquisitions enable RBS to enter new markets, geographical regions, and capitalize on the economies of scales Kemal, Even though increased number of global franchises increases its exposure to risks, this move enables RBS to be a leading global financial group. With presence in more than 50 countries, RBS confers its competitive advantage. Its strategic importance in the economy of the United Kingdom enabled it receive government support in times of distress. Currently, HM Treasury owns approximately From a financial approach perspective, RBS exhibits a declining reliance on wholesale funding for its efforts of improving the risk profile.

This move was evident during the financial crisis where RBS minimized its reliance on volatile wholesale funding Royal Bank of Scotland Group, Financially, restrictions placed on dividend payments prevents RBS stakeholders from paying dividends on coupons and Tier 1 securities and other restrictions laid on ordinary shares Royal Bank of Scotland Group, Strategically, RBS can utilize restructuring opportunities to reposition itself as a leading provider and supplier of financial services.

RBS also has a restructuring plan that was designed to be implemented over five-year duration ending This turn-around plan was aimed at addressing the weaknesses identified during the rescue package offered by the government. Currently, the progress on the restructuring plan has been phenomenal particularly, the development of the non-core division aimed at housing businesses and assets that do not conform with revised RBS risk appetites and strategies. Primarily, the creation of the non-core portfolio is fundamental because it facilitates key improvements within the group.

This includes funding, risk, and earning profiles and as well, material exposure and concentrations. Other strategic opportunities include reviving partnerships with leading institutions particularly those in emerging markets such as China and Asia pacific. RBS made substantial progress from its partnerships with the Bank of China that enabled it to issue 1.

This opportunity also enabled RBS to access one of the fastest growing markets in the Asia Pacific region. Speaking of financial opportunities, RBS has the capabilities of focusing on investment banking thereby enhancing its opportunities of increasing profitability.

This means that there are increased chances of hiring more staff to boost the investment banking, merger and acquisitions, and debt underwriting Ashby, Several threats stand in the way of affecting operational activities of RBS. First, several measures have been put in place to bring structural reforms in the banking sector, competition in the industry, and enhanced stabilities.

Findings from this commission will provide a framework for guiding all competitive activities within the banking sector in addition to putting in place measures that could strengthen the stability of these institutions. Financially, IFRS regulations have led the group to incur deferred tax assets on those losses that were expected to revive future profits. Deferred Tax Assets are quantified depending on the current level of tax legislations and prevailing accounting standards Oxera, On the other hand, increased regulatory changes relating to quality in insurance, particularly the elimination of gender as a rating factor throughout the insurance industry will affect insurance operations of the RBS group.

Competitive pressures will mount among insurance companies thereby leading to a lower rate of premiums paid on insurance contracts Oxera, Starting with the revenue analysis, the RBS Group recorded a reduction of 3. Alternatively, revenues are also analyzed depending on their geographical locations, which comprise of the UK, the US, Europe, and the rest of the world. In terms of market capitalization, the RBS ranks as one of the leading large-cap stocks as of 28 April with a market capitalization of USD As of 28th April , the current stock price was GBp This figure places it However, the fundamental price potential for RBS is rather good even though other stocks in the industry might appear better.

Using the DJ Stoxx reference index, the four-week relative performance against the reference index is Given the negative technical trend, it is evident that underperformance for RBS is validated. Critically, this shows that majority of investors are interested in other stocks. In order to assess the risk equity of RBS, several risk analysis tools will be used. This includes but not limited to beta, correlation, and volatility, and the risk factor in bear markets.

Beginning with Beta as a risk measurement tool, a situation where beta is greater than represents a more volatile and risky stock. For instance, a beta value of 1. Similarly, correlation refers to the degree of similarity of stock fluctuation compared to the reference index Money Center Banks, RBS has a correlation rate of 0. On the other hand, volatility is used to measure the magnitude of low and high stock or index movements.

Using the risk factor in bear markets to measure the behavior of RBS in less performing markets, it shows that RBS exhibits a tendency of amplifying the risky positioning of the group in situations of market decline. The risk factor in rising markets also depicts situation-sanctioned pressures for the RBS. The effects of the financial crisis uncovered several key issues that undermined RBS and these issues included risk concentration, leverage, and business stretches.

This necessitated the need to change the balance sheet by focusing on risk objectives. The five-year plan was developed to focus on three key objectives Essinger, ;. These goals are interdependent on one another because customers cannot be served in an unsafe and risky banking environment Essinger, Creating sustainable strength for the bank started with the creation of improvements in liquidity and capital in By , Risk Management objective was launched to aid the Group in approaching risk issues such as audit and risk functions.

This has been fundamental in enabling the ban to create a safe, sustainable, and valuable banking environment to all people Royal Bank of Scotland Group, Lastly, the creation of sustainable value to shareholders was developed to enable the bank to develop a strong foundation for all its core businesses. Importantly, realization of sustainable value is seen as a major move for convincing the UK government to sell its stake in the institution.

RBS has targeted several market-leading franchises and market positions to improve customer satisfactions. Income growth by focusing on sustainable businesses is another move taken by the bank Royal Bank of Scotland Group, Other key strategic moves include focusing on cost control and rigorous capital and cost allocation programs.

Speaking financial measures, RBS reduced its balance sheet scale by de-risking and shrinking the Balance Sheet as a move for careful control of future growth. Measures have also been put in place to reduce over-reliance on wholesale markets to improve its liquidity reserve. On the other hand, realization of a strong capital base has been achieved through excess risk maintenance equity capital and running off-excessive risk concentrations.

RBS has managed to achieve several key accomplishments and economic improvements despite uncertain volatilities and tight monetary policies in several countries. On risk management, RBS has stood strong in the line of realizing four-risk objectives that include maintenance of capital adequacies, delivering stable growth in earnings, ensuring efficient and stable access to liquidity and funding Royal Bank of Scotland Group, The idea of modern Parliament in United Kingdom can be traced back to the Anglo-Saxon era, yet it was only in the 13th century that these forms take shape.

Then by the late 17th. A new service of automatic cash dispensing machines or called as robot cashiers, in that era was introduced by Barclays in June in order to allow the Bank to operate a 24x7x days. By the s the machines had been refined in order to offer not only cash but also bank statements and deposit facilities as soon as the customer entered their card and personal identification number.

In , a more sophisticated auto-teller-machine ATM service, called 'Barclaybank ', was launched. The first. This left the blame entirely on Macbeth. Macbeth goes on to commit many murders throughout the play, but to what extent were these murders. Inequalities of power have continuously grown in the society of Chile.

The people in power attempt to lay emphasis on the issue, while those under them are strictly supervised. Australia has a power distance rate of 36, which is relatively low. The country has a low individualism score of 23, which is rampant in Latin American countries. This is a clear indication that the society in Chile is collectivist in nature. This is associated with long-term associations in groups, such as families or other.

One of these firms, namely Goldman Sachs, under Lloyd Blankfein, survived the mess. It not only survived but recorded its highest profit in that particular year. Goldman Sachs — The. Transgender cultures exist around the world. However many forms of transgendered cultures disappeared because of the Christian teachings.

In Indian society, the institutionalized third gender is called Hijra and is noticeably different from the Western concept of transgender. Hijras are men who dress and act like women. They do not consider themselves to be men or women, but a sub-cast. Hijras in India are known because of their performing role in religious ceremonies at weddings and for new-born.

Francis Cauldhame or also known as Frank, is a sixteen year old male lives isolated in a small town in Scotland with his father. That was a traumatising event for Frank and is one of the main reasons for his instability. His brother. Royal Bank of Scotland Essays. Nestle Operations Management Process Words 12 Pages Operations department is the foundational department of any origination.

With time its importance as Continue Reading. As such, being a global citizen or leader requires that we acknowledge Continue Reading. Barclays Executive Summary Words 5 Pages Summary Barclays is one largest bank in the UK that was involved in the scandal of manipulation of interest rates known as Libor.

Banks could easily manipulate the rates Continue Reading. The colony that was founded on the Isthmus of Panama was a comprehensive disaster as survival, and not Continue Reading. The fines that were charged to the banks or individuals who played and what the fines were for and how much they Continue Reading. United Kingdom Flag Essay Words 5 Pages Northern Island, the flag had no red saltire and Scotland had also presented their unofficial version of the flag that had the white saltire at the front of the others.

By the time they finished designing Continue Reading. There was so much risk, so much Continue Reading. Libor Case Study Words 4 Pages Today, it is a known fact that Libor was manipulated and the culprits are some of the largest banks in the U. Firstly, Barclays bank have come forward to accept the allegations of lowering borrowed rates but are skeptical of Continue Reading. Then by the late 17th Continue Reading.

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The fines that were charged to the banks or individuals who played and what the fines were for and how much they. In September , Paulson bet against four of the five biggest British banks. In December , the New York Times reported that. Northern Island, the flag had no red saltire and Scotland had also presented their unofficial version of the flag that had the white saltire at the front of the others.

The current flag was a product of redesigning the Great Union flag to incorporate the red diagonal cross of Saint Patrick in By the time they finished designing. Not only was it an economical phenomenon, but also a central moral and political issue of modernity.

Scotland was going through a transition period, from becoming a poor part of Great Britain to a major world influence. Scotland was moving from its traditional Presbyterian ways of private and public virtue to a world of commerce, modernism, and industry. There was so much risk, so much. Today, it is a known fact that Libor was manipulated and the culprits are some of the largest banks in the U.

K and USA. The manner in which they manipulated Libor is still somewhat an issue of an ongoing investigation, although the culprits have paid hefty fines and some have pleaded guilty, while other banks that were thought to be involved have excused themselves from the allegations.

Firstly, Barclays bank have come forward to accept the allegations of lowering borrowed rates but are skeptical of. The idea of modern Parliament in United Kingdom can be traced back to the Anglo-Saxon era, yet it was only in the 13th century that these forms take shape.

Then by the late 17th. A new service of automatic cash dispensing machines or called as robot cashiers, in that era was introduced by Barclays in June in order to allow the Bank to operate a 24x7x days. By the s the machines had been refined in order to offer not only cash but also bank statements and deposit facilities as soon as the customer entered their card and personal identification number.

In , a more sophisticated auto-teller-machine ATM service, called 'Barclaybank ', was launched. The first. This left the blame entirely on Macbeth. Macbeth goes on to commit many murders throughout the play, but to what extent were these murders. Inequalities of power have continuously grown in the society of Chile.

The people in power attempt to lay emphasis on the issue, while those under them are strictly supervised. Australia has a power distance rate of 36, which is relatively low. The country has a low individualism score of 23, which is rampant in Latin American countries. This is a clear indication that the society in Chile is collectivist in nature.

This is associated with long-term associations in groups, such as families or other. One of these firms, namely Goldman Sachs, under Lloyd Blankfein, survived the mess. It not only survived but recorded its highest profit in that particular year. Goldman Sachs — The. Transgender cultures exist around the world. However many forms of transgendered cultures disappeared because of the Christian teachings.

In Indian society, the institutionalized third gender is called Hijra and is noticeably different from the Western concept of transgender. Hijras are men who dress and act like women. They do not consider themselves to be men or women, but a sub-cast. Hijras in India are known because of their performing role in religious ceremonies at weddings and for new-born. Francis Cauldhame or also known as Frank, is a sixteen year old male lives isolated in a small town in Scotland with his father.

That was a traumatising event for Frank and is one of the main reasons for his instability. His brother. Social aspects that affected RBS during the global financial crises include effects relating to consumer confidence, interest and pension worries, and career attitudes among others Berezin, It was emphatically crucial that RBS maintains its corporate social responsibility to enhance its reputation during the crisis.

Technologically, financial information systems and software platforms facilitate data mining activities, risk analysis, neural networks, and criteria for financial scanning for RBS Elving, These tools strengthen the analysis and assessment of expenses, liabilities, and revenue streams. The global financial crisis of is the recession to hit the banking industry since the global recession of s Elving, Invariably, the crisis is linked to the Euro crises and Europe Sovereign Debt crisis, plays a fundamental role in influencing the welfare of banks and other financial institutions.

The collapse of the Northern Rock and Icelandic banking system and the crisis that affected the Royal Bank of Scotland threatened many account holders. The global financial crisis of led many banks to purchase risky assets for later resell.

Due to less demands of these assets, many a financial institution found themselves on the verge of insolvency. Deposit withdrawals from panicking customers worsened the financial situation for such banks. In times of financial distress, even a solvent financial institution or bank may fail to realize its obligations given the opaque and illiquid nature of its assets The Times, During the financial crises, bank runs, implicit, and explicit deposit guarantees increased the likelihood of the crisis.

For the Royal Bank of Scotland, the period after the global financial crises spells a period of recovery and rebuilding. A statement released by Philip Hampton, Group Chairman of RBS shows that the overall financial performance of the group represented a step-change. Operating profit is one of the factors that reflect improved performances of the Royal Bank of Scotland.

External market recovery, internal rebuilding processes, and improved economic conditions are other factors that represent another significant stride for the Royal Bank of Scotland. However, the recovery to improved performance could have come that easily given the uneven spread of economic recovery across many countries, particularly the European period suffered a massive deal of financial turbulence.

Before the Global financial crisis, RBS had established itself as one the leading banking partners providing financial services to corporations and financial institutions all over the world. Other services included the provision of extensive ranges of debt financing, investment services, and risk management services. However, the terms of the share offer seemed unattractive to the majority of RBS shareholders and hence, the UK government acquiring a majority stake in the bank.

This shows that the global financial crisis made RBS, a proud financial institution with a fine heritage in prudent banking to be bailed out by the government. RBS bosses, particularly the Chief Executive, Sir Fred Goodwin, were overoptimistic with regard to the prevailing economic situation and never took precautionary to cushion adverse financial and economic fluctuations.

Risk recognition was a crucial element that lacked in the institution before the credit crunch. Following the failure shares offered to investors, the CEO resigned and as well, the Chairman offered to step-down at the expiry of his contract. The government continued injecting funds to RBS thereby increasing its ownership percentage.

A fall in share price from p per share to Other failed investments included the loss of the 4. This move was influenced by two key factors that included the high government stake in the institution and lack of funds. The consumers also benefitted from dramatic cuts in certain fees and levies operated by the bank and this included declines in monthly maintenance charges, card misuse fees, and unpaid item fees Datamonitor Report, However, there was massive retrenchment at the bank that led to nearly 3, job cuts.

Many employees also suffered unpaid bonuses. GE Capital also acquired the factoring and invoice financing business from RBS at undisclosed amount. RBS used funds from the investment and wholesale banking division, an already ailing segment of RBS from its risky assets. Worse, the acquired bank ABN Amro was already exposed to the effects of the subprime mortgages coupled with the depletion of its capital base Datamonitor Report, RBS had undergone several mergers and acquisitions Kemal, Churchill Insurance Group was also acquired during this period Datamonitor Report, During the last five years, RBS has undertaken several investment initiative and mergers.

Although the consortium was led in conjunction with Fortis and Santander, RBS used its own resources. RBS sold its 4. In August , Santander UK plc. As earlier mentioned, the financial crisis of spelled a bad period for the RBS group and since then, the group has implemented plans to guide its financial performance and subsequently guide the road to recovery. Equally, the support from the UK government shows that RBS is an important institution in improving financial activities across the region.

Equally, mergers and acquisitions enable RBS to enter new markets, geographical regions, and capitalize on the economies of scales Kemal, Even though increased number of global franchises increases its exposure to risks, this move enables RBS to be a leading global financial group. With presence in more than 50 countries, RBS confers its competitive advantage.

Its strategic importance in the economy of the United Kingdom enabled it receive government support in times of distress. Currently, HM Treasury owns approximately From a financial approach perspective, RBS exhibits a declining reliance on wholesale funding for its efforts of improving the risk profile. This move was evident during the financial crisis where RBS minimized its reliance on volatile wholesale funding Royal Bank of Scotland Group, Financially, restrictions placed on dividend payments prevents RBS stakeholders from paying dividends on coupons and Tier 1 securities and other restrictions laid on ordinary shares Royal Bank of Scotland Group, Strategically, RBS can utilize restructuring opportunities to reposition itself as a leading provider and supplier of financial services.

RBS also has a restructuring plan that was designed to be implemented over five-year duration ending This turn-around plan was aimed at addressing the weaknesses identified during the rescue package offered by the government. Currently, the progress on the restructuring plan has been phenomenal particularly, the development of the non-core division aimed at housing businesses and assets that do not conform with revised RBS risk appetites and strategies.

Primarily, the creation of the non-core portfolio is fundamental because it facilitates key improvements within the group. This includes funding, risk, and earning profiles and as well, material exposure and concentrations. Other strategic opportunities include reviving partnerships with leading institutions particularly those in emerging markets such as China and Asia pacific. RBS made substantial progress from its partnerships with the Bank of China that enabled it to issue 1.

This opportunity also enabled RBS to access one of the fastest growing markets in the Asia Pacific region. Speaking of financial opportunities, RBS has the capabilities of focusing on investment banking thereby enhancing its opportunities of increasing profitability. This means that there are increased chances of hiring more staff to boost the investment banking, merger and acquisitions, and debt underwriting Ashby, Several threats stand in the way of affecting operational activities of RBS.

First, several measures have been put in place to bring structural reforms in the banking sector, competition in the industry, and enhanced stabilities. Findings from this commission will provide a framework for guiding all competitive activities within the banking sector in addition to putting in place measures that could strengthen the stability of these institutions.

Financially, IFRS regulations have led the group to incur deferred tax assets on those losses that were expected to revive future profits. Deferred Tax Assets are quantified depending on the current level of tax legislations and prevailing accounting standards Oxera, On the other hand, increased regulatory changes relating to quality in insurance, particularly the elimination of gender as a rating factor throughout the insurance industry will affect insurance operations of the RBS group.

Competitive pressures will mount among insurance companies thereby leading to a lower rate of premiums paid on insurance contracts Oxera, Starting with the revenue analysis, the RBS Group recorded a reduction of 3. Alternatively, revenues are also analyzed depending on their geographical locations, which comprise of the UK, the US, Europe, and the rest of the world. In terms of market capitalization, the RBS ranks as one of the leading large-cap stocks as of 28 April with a market capitalization of USD As of 28th April , the current stock price was GBp This figure places it However, the fundamental price potential for RBS is rather good even though other stocks in the industry might appear better.

Using the DJ Stoxx reference index, the four-week relative performance against the reference index is Given the negative technical trend, it is evident that underperformance for RBS is validated. Critically, this shows that majority of investors are interested in other stocks. In order to assess the risk equity of RBS, several risk analysis tools will be used. This includes but not limited to beta, correlation, and volatility, and the risk factor in bear markets.

Beginning with Beta as a risk measurement tool, a situation where beta is greater than represents a more volatile and risky stock. For instance, a beta value of 1. Similarly, correlation refers to the degree of similarity of stock fluctuation compared to the reference index Money Center Banks, RBS has a correlation rate of 0. On the other hand, volatility is used to measure the magnitude of low and high stock or index movements. Using the risk factor in bear markets to measure the behavior of RBS in less performing markets, it shows that RBS exhibits a tendency of amplifying the risky positioning of the group in situations of market decline.

The risk factor in rising markets also depicts situation-sanctioned pressures for the RBS. The effects of the financial crisis uncovered several key issues that undermined RBS and these issues included risk concentration, leverage, and business stretches. This necessitated the need to change the balance sheet by focusing on risk objectives.

The five-year plan was developed to focus on three key objectives Essinger, ;. These goals are interdependent on one another because customers cannot be served in an unsafe and risky banking environment Essinger, Creating sustainable strength for the bank started with the creation of improvements in liquidity and capital in By , Risk Management objective was launched to aid the Group in approaching risk issues such as audit and risk functions.

This has been fundamental in enabling the ban to create a safe, sustainable, and valuable banking environment to all people Royal Bank of Scotland Group, Lastly, the creation of sustainable value to shareholders was developed to enable the bank to develop a strong foundation for all its core businesses. Importantly, realization of sustainable value is seen as a major move for convincing the UK government to sell its stake in the institution.

RBS has targeted several market-leading franchises and market positions to improve customer satisfactions. Income growth by focusing on sustainable businesses is another move taken by the bank Royal Bank of Scotland Group,