Royal Bank of Scotland Group

The Bank of England on July 18 unveiled a new bank note featuring Jane Austen to coincide with the author's death 200 years ago after a campaign to include more women on Britain's currency.

The new note worth ten pounds ($13, 11.3 euros) and made of polymer instead of paper will enter circulation in September.

Royal Bank of Scotland has begun winding down its global shipping finance business, it said on Tuesday, ending efforts to sell it amid a worsening downturn across the freight industry.

By Corina Ruhe

After months of pressuring Greek politicians, Dutch Finance Minister Jeroen Dijsselbloem was under scrutiny himself Thursday over his handling of state-owned lender ABN Amro Group NV.

ABN AMRO is pumping billions of dollars into its shipping finance business as the sector looks to recovery – just as European rivals cut their exposure due to tougher capital constraints, the Dutch state bank’s head of shipping said.

ABN AMRO has tripled its ship finance portfolio to around $7-8 billion from $2.5 billion in 2009-2010, Gust Biesbroeck told Reuters.