LONDON — Royal Bank of Scotland shareholders have filed a 4 billion pound ($6 billion) lawsuit against the company, claiming they were misled in...
LONDON (Reuters) - Royal Bank of Scotland chairman Philip Hampton has defended the bonus due to be paid to chief executive Stephen Hester even though...
So maybe too-big-to-fail banks aren't too big to jail after all. At least, it is starting to look as if tiny, digestible chunks of big banks are po...
Science has determined that people need to know 7.5 things per day, on average, about the world of business. You can't argue with science. Lucky for y...
LONDON, Jan 11 (Reuters) - Royal Bank of Scotland is preparing to slash bonuses for its investment bankers this year to help pay fines for its role ...
LONDON (Reuters) - Royal Bank of Scotland is facing the increasing likelihood of having to settle separately with the UK and U.S. authorities investig...
* Deal now unlikely until late 2012/early 2013 - sources * Regulators at different stages of investigation - sources * B...
* Trader Chong Wen Kuang suspended earlier in year - source * Suspension broadens scope of Libor investigation * RBS sai...
Libor is a joke. Don't get me wrong, the London Interbank Offered Rate, or Libor, is deadly serious business, affecting $350 trillion in derivative...
By Rachel Armstrong SINGAPORE, Aug 23 (Reuters) - A former dealer for the Royal Bank of Scotland Group PLC has provided fresh details...
Aug 21 (Reuters) - U.S. authorities are investigating Royal Bank of Scotland for possible violations of sanctions with Iran, the Financial Times rep...
LONDON, July 29 (Reuters) - British bank RBS is braced to be punished over its role in the interest-rate rigging scandal that has rocked the industr...
* RBS faces 150 mln stg fine over Libor probe -report * Any resolution for RBS is "months away" -source * Barclays' Diam...
Standing at the ATM, the choices are few -- receipt or no receipt, withdrawal or check balance. But for 12,000 machines in the U.K. there will be ...
The U.S. economy is gaining momentum and should push through next year with only a few bruises despite an almost certain European recession and sl...
I have never quite been able to understand how the decision was made to fire Richard Wagoner at GM but not Vikram Pandit at Citibank. Is running a huge bank really more complex than running a huge automobile manufacturer?
Investment banks in Europe's financial capital are adding jobs, helping to bolster headcounts at law and accounting firms across London, as the rest o...
While students in London spend hours in the cold protesting tuition fees, RBS, a bank that took a huge government bailout, throws a party commemorating Harry Potter. It'd be funny except it's exactly what just happened.
LONDON - Private banks will sharply expand headcount in coming years to capitalize on the growing number of wealthy individuals in Asia, dismissing c...
The cloud is increasingly critical for SMEs not only for facilitating business, but also for enabling closer connections with partners, integrating shared services, and improving payments and cash flow.
The following is also posted on Johnson's blog, BaselineScenario.com. "Breaking up big banks would actually increase system risk" is a refrain heard f...
The SEC charges against Goldman may or may not stick, but it should be clear to all that the system has gone badly awry and needs massive reform.
Taxpayer subsidized cheap funding and looser accounting standards have allowed our largest banks to keep their Dorian Gray financial pictures behind a curtain and out of public sight.
JPMorgan said on Tuesday it had agreed to buy RBS Sempra Commodities' non-US assets for $1.7bn in cash in a deal that will challenge the dominance of ...
LONDON — The Royal Bank of Scotland, Northern Rock, and Lloyds Banking Group are to sell off as many as 700 branches in the next few years in exchan...
