Royal Bank of Scotland

Feds Sue BofA, JPMorgan, Others Over Toxic Mortgage Bonds

AP | Posted 05.22.2012

Read More: Federal Deposit Insurance Corp., Fdic, Mortgage Securities, Bank of America, Mortgage Crisis, Royal Bank of Scotland, Hsbc, Deutsche Bank, Ubs, JPMorgan Chase, Video, Credit Suisse, Strategic Capital Bank, Citizens National Bank, Fdic Sues, Ap, Citigroup, Business News

WASHINGTON (AP) — The government has sued several big banks over toxic mortgage securities they issued that were bought by two small Illinois banks ...

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ATM Charity Donation Option To Be Added To 12,000 Machines In UK

Posted 05.09.2012

Read More: Hsbc, Link, Video, Japan Earthquake, Charity, U.K., Wells Fargo, Donating to Charity, Rbs, Atm, Japan, Ron Delnevo, Bank Machine, Royal Bank of Scotland, Jonathan Velline, Impact News

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 ...

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DOJ Conducting Criminal Probe Involving World's Biggest Banks

Reuters | Posted 04.29.2012

Read More: Ubs, Citigroup Inc. Hsbc, Video, Doj, Criminal Libor Probe, Reuters, Banks, Department of Justice, Doj Criminal Libor Probe, Royal Bank of Scotland, Business News

(Adds background about Libor, investigations) By Carrick Mollenkamp NEW YORK, Feb 28 (Reuters) - The U.S. Justice Depar...

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New York Fed Invites Banks To Bid For AIG's Mortgage Bonds

Reuters | Posted 04.07.2012

Read More: Credit Suisse Group AG, Barclays Plc, Video, Morgan Stanley, New York Fed Aig, Reuters, Aig, Aig Invite, American International Group, Aig 5 Banks, Aig Five Banks, Aig Bank, Goldman Sachs Group, Royal Bank of Scotland, Business News

Feb 6 (Reuters) - The Federal Reserve Bank of New York has invited five banks to bid for mortgage bonds of insurer American International Group, the...

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Disgraced Bank's Ex-CEO Stripped Of Knighthood

Reuters | Posted 04.01.2012

Read More: 2008 Financial Crisis, Fred Goodwin, Video, ABN Amro, Bailout, Reuters, Banks, Nicolae Ceausescu, Recession, Royal Bank of Scotland, Taxpayer, Knighthood, Business News

LONDON, Jan 31 (Reuters) - Britain took the rare step of stripping former Royal Bank of Scotland chief Fred Goodwin of his knighthoo...

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Politicians, Unions Hail Big Bank CEO After He Refuses Bonus

AP | Posted 04.01.2012

Read More: Stephen Hester, House of Commons, Foreign Secretary William Hague, Video, Executive Pay, Labour Party, Taxpayers, Prime Minister David Cameron, Royal Bank of Scotland, Business News

LONDON — Britain's leaders, politicians and union leaders on Monday welcomed the decision by the chief executive of nationalized Royal Bank of S...

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Bank CEO Turns Down Bonus Amid Criticism

AP | JILL LAWLESS | Posted 03.30.2012

Read More: Stephen Hester, Rbs Ceo Bonus, Philip Hampton, Royal Bank of Scotland Ceo, Video, Stephen Hester Bonus, Banks, Bonuses, Ceo Stephen Hester, Royal Bank of Scotland, Business News

LONDON — Royal Bank of Scotland chief executive Stephen Hester will not be accepting a 1 million pound ($1.5 million) bonus that drew criticism ...

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Bankers Look To 'Recommit' To 'Safety And Soundness' At Davos

Reuters | Posted 03.27.2012

Read More: Davos, Bailouts, Bankers, Greenpeace, Barclays, European Central Bank, NYSE Euronext, Hsbc, Unicredit, JP Morgan, Video, Job Cuts, Reuters, Royal Bank of Scotland, Citigroup, World Economic Forum, Business News

By Alexander Smith DAVOS, Jan 26 (Reuters) - Bankers feel under siege, and from the heights of Davos in the Swiss Alps they are lookin...

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Citigroup, Deutsche Bank Pay Big To Settle Claims They Misled Credit Unions

AP | Posted 01.14.2012

Read More: Deutsche Bank, Goldman Sachs, JPMorgan Chase, Mortgages, Video, Securities, National Credit Union Administration, Regulators, Ncua, Wall Street Banks, Royal Bank of Scotland, Citigroup, Credit Unions, Business News

WASHINGTON — Citigroup Inc. and Deutsche Bank are agreeing to pay a total of $165.5 million to settle federal regulators' claims that they misle...

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Why Wall Street Seems Unfazed By Default Threats

AP | By BERNARD CONDON and MATTHEW CRAFT | Posted 09.14.2011

Read More: Russia, White House, Moody's Investors Services, Bonds, Federal Reserve, U.S. Default, U.S. Treasury Bonds, Investors, Royal Bank of Scotland, JPMorgan Chase, Dow Jones, Federal Reserve Chairman Ben Bernanke, Wall Street, Lehman Brothers, Debt Limit, Ceo, China, Credit Rating Agency, Business News

NEW YORK -- The CEO of a big bank says a U.S. default could be catastrophic for the economy. The head of the Federal Reserve warns of chaos. And a cre...

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Goldman Sachs Took Biggest Loan During Fed's Emergency Program

Posted 09.05.2011

Read More: Federal Reserve, Goldman Sachs, Ubs, 2008 Financial Crisis, Subprime Crisis, Fed-Window, Bloomberg News, Lehman Brothers, Royal Bank of Scotland, Business News

WASHINGTON - Goldman Sachs, Lehman Brothers, and European banks RBS and UBS were the biggest beneficiaries of very short-term Federal Reserve loan...

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European Interest Rate Hike Expected In July

Posted 08.06.2011

Read More: Frankfurt, France, Germany, Jean-Claude Trichet, Euro Zone, Chancellor of the Exchequer, Europe, European Central Bank, Barclays, Euro Zone Crisis, Royal Bank of Scotland, Business News

FRANKFURT (Sakari Suoninen) - The European Central Bank is likely to signal a July interest rate rise on Thursday while continuing to provide bank...

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William Alden

Disclosure Of Secret Fed Lending Raises Eyebrows

HuffingtonPost.com | William Alden | Posted 07.26.2011

Read More: Goldman Sachs, Credit Suisse, Economic Crisis, Business News, Federal Reserve, Financial Crisis, Fed-Emergency-Lending-Program, Ben Bernanke, Christopher Whalen, New York Federal Reserve Bank, Royal Bank of Scotland, Business News

In the midst of the global financial crisis in 2008, the Federal Reserve lent Goldman Sachs, Credit Suisse and Royal Bank of Scotland at least $30 bil...

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Barclays CEO Receives $10.6 Million Bonus

The Huffington Post | Maxwell Strachan | Posted 05.25.2011

Read More: Bloomberg, Hsbc, Goldman Sachs, Ubs, Ceo Robert Diamond, Financial Sector, Jpmorgan, Aig, Sec, Oswald Gruebel, Wall Street Bonuses, Lloyds Banking, Barclays, Royal Bank of Scotland, Business News

Last month, Barclays CEO Robert Diamond announced that while his banking company would continue to "exercise restraint" against large bonuses, the tim...

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Ireland Says It Doesn't Need A Bailout, Despite EU Pressure

Posted 05.25.2011

Read More: European Debt Crisis, European Bailout, European Union, Royal Bank of Scotland, European Financial Stability Facility, Ireland Debt Crisis, Business News

Aid would be available for Ireland's banking sector or the state itself, a top European policymaker said on Monday after a report suggested Dublin co...

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Private Banks Keep Hiring As World's Rich Get Richer

Posted 05.25.2011

Read More: Citi, Wealth Managers, Private Wealth Management, Private Bank Hiring, Citigroup Asia, Citgroup, Rbs, Private Banks, Royal Bank of Scotland, Business News

LONDON - Private banks will sharply expand headcount in coming years to capitalize on the growing number of wealthy individuals in Asia, dismissing c...

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The Goldman Sachs Settlement, the Wall Street Journal, Warren Buffett, and the White House

Raymond J. Learsy | Posted 05.25.2011

Read More: White House, President Obama, Robert Khuzami, Sec, Wall Street Journal, Financial Regulation, Ikb-Deutsche-Industrie-Bank, Royal Bank of Scotland, Warren Buffet, Goldman Sachs, Financial Crisis, Business News
Raymond J. Learsy

The timing of the Goldman Sachs settlement has raised eyebrows coming almost simultaneously to the passage of the Financial Regulations Bill. Was the settlement, if not politically motivated, at the very least politically timed?

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World Banks Warn Of Looming Crunch

nytimes.com | JACK EWING | Posted 05.25.2011

Read More: European Debt Crisis, Bank of England, Bank for International Settlements, Greece, Bank Stress Tests, Financial Crisis, Ireland, Banks, Spain, Imf, European Central Bank, Royal Bank of Scotland, Moody's, Business News

The sovereign debt crisis would seem to create worry enough for European banks, but there is another gathering threat that has not garnered as much no...

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The World's Safest Banks

Iris Mack | Posted 05.25.2011

Read More: Barclays, Citi, Deutsche Bank, Global Finance Magazine, Bank of America, JPMorgan Chase, The World's Safest Banks, Spain's Banco Santander, American Banks, Royal Bank of Canada, Royal Bank of Scotland, Credit Ratings Agencies, Risk, Citigroup, Business News
Iris Mack

Following up on my recent article Ripped Off by Your Bank? Tell Us About It!, I've been doing some research on safe places to do my banking. I came ...

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Nick O'Donohue, JPMorgan Bank reform may have $220 bln capital hit

Reuters | Posted 05.25.2011

Read More: JPMorgan Chase, Bank Reform, Economy, Financial Crisis, Nick O'Donohue, Lloyds Banking Group, Obama Financial Reform, Paul Volcker, Volcker Rule, Financial Regulation, Royal Bank of Scotland, Business News

LONDON (Reuters) - Top banks will need an extra $221 billion (139.6 billion pounds) of capital and see annual profits slump by $110 billion if all pro...

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Our Banks Becoming Casinos and Washington Yawns

Raymond J. Learsy | Posted 05.25.2011

Read More: Fdic, JP Morgan, Morgan Stanley, Banks, Washington, Oil, Main Street, Commodites, Royal Bank of Scotland, Bank Holding Companies, Financial Crises, Goldman Sachs, Sempra, Business News
Raymond J. Learsy

Why is a bank such as JP Morgan, supported by myriad government programs, permitted to gamble with money in the commodities arena?

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Billy Bragg's Bank Bonus Protest: Singer Won't Pay Taxes Over Lavish Banker Payouts

Reuters | Posted 05.25.2011

Read More: Billy Bragg, Bailout, Banks, Bankers, Lloyds Banking Group, Billy Bragg Taxes, Bank Bonuses, Royal Bank of Scotland, Business News

...

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RBS ATM Withdrawals Were Monitored Hourly During Banking Crisis

The Guardian | Jill Treanor | Posted 05.25.2011

Read More: UK, Alistair Darling, UK Bailout, Fsa, City, Royal Bank of Scotland, London, Financial Services Authority, Wall Street, Rbs, Britian, Lehman Brothers, Atms, RBS Bailout, Banks, Northern Rock, Economy, Lloyds, Hbos, Business News

City watchdogs were monitoring cash withdrawals from Royal Bank of Scotland every hour during the height of the banking crisis, the Guardian can revea...

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Stephen Hester, RBS CEO: 'My Parents Think I'm Overpaid'

Times Online | Robert Lindsay | Posted 05.25.2011

Read More: Stephen Hester, British Banks, Northern Rock, Lloyds-Banking-Group, Bank Bonuses, Royal Bank of Scotland, Business News

Stephen Hester, the chief executive of Royal Bank of Scotland (RBS), admitted to a parliamentary hearing today that even his parents believed that he ...

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Are Banks Too Big? Don't Count on Them Downsizing Anytime Soon

David Fiderer | Posted 05.25.2011

Read More: Bank of America, Federal Reserve, JPMorgan Chase, Banks, Wells Fargo, Royal Bank of Scotland, Business News
David Fiderer

If a bank is too big to fail, is it too big? If the answer is yes, then the solution is international, as foreign banks are not only big, they also have much more of an international presence.

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