Royal Bank of Scotland

RBS ATM Withdrawals Were Monitored Hourly During Banking Crisis

The Guardian | Jill Treanor | Posted 10.12.2009 | Business


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

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

David Fiderer | Posted 10.16.2009 | Business


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.

Ironic Ads From Before The Bailout: AIG, Countrywide, RBS, Bank Of America

The Huffington Post | Ryan McCarthy | Posted 08.13.2009 | Business


Ok, so we all know the world has changed. The financial markets have been upended, and we're all more than a little chastened by the excesses of the p...

Amherst Holdings Makes Millions Selling Bad Assets To Wall St.

econbrowser.com | Posted 07.13.2009 | Business


There was a wonderful story in today's WSJ about how some big banks managed to lose some of their hard-earned TARP money. Let me begin with a littl...

G-20 Thugs Attack Financial Injustice

Diane Francis | Posted 05.03.2009 | Business


Diane Francis

I'm not condoning street violence but it will be helpful if political leaders understand that economic ruination by others is also a violent act.

G-20 Protesters Break Into Royal Bank Of Scotland In London (SLIDESHOW)

AP | RAPHAEL G. SATTER, Associated Press Writer | Posted 05.02.2009 | World


LONDON - G-20 protesters clashed with riot police in downtown London on Wednesday, breaking into the heavily guarded Royal Bank of Scotland and smashi...

Fred Goodwin Puts Face On British Banking Crisis

Washington Post | Kevin Sullivan | Posted 03.31.2009 | Business


In the British popular imagination, the global financial crisis now has a name, and it is Fred. As in Fred Goodwin, former chief executive of the Roy...

Royal Bank Of Scotland Posts Biggest Loss In British History

AP | JANE WARDELL | Posted 03.29.2009 | Business


LONDON — The Royal Bank of Scotland earned the dubious honor of posting the largest annual loss in British corporate history on Thursday _ a 24....

British Bankers: I'm Sorry For Financial Crisis

AP | JANE WARDELL | Posted 03.13.2009 | Business


LONDON — The former heads of Royal Bank of Scotland Group PLC and HBOS PLC apologized to shareholders and the public on Tuesday for the near col...

Bailed-Out Royal Bank Of Scotland Bankers Set For Millions In Bonuses

Times London | Patrick Hosking | Posted 03.07.2009 | World


The troubled Royal Bank of Scotland, rescued with £20 billion of public money, is planning large bonuses for thousands of its City traders and senior...

Will Obama Have To Bail Out Britain?

Ron Galloway | Posted 02.21.2009 | Business


Ron Galloway

Barak Obama had a fine day on his Inauguration Day. The British economy? Not so much.

RBS Expects Losses Of Up To $41 Billion, UK Record

AP | ROBERT BARR | Posted 02.19.2009 | Business


LONDON — Crisis-stricken Royal Bank of Scotland took fresh help from the government on Monday and announced that its losses for last year could ...

Bernard Madoff Didn't Just Hurt Jews: He Was an Equal Opportunity Swindler

Michael Russnow | Posted 01.24.2009 | Business


Michael Russnow

Why should Jews be any more surprised that one of their own is less than honorable? Are we not subject to the same failings of other humans?

Vivendi Secures $5 Billion Loan

Variety | David Hayhurst | Posted 03.28.2008 | Business


Vivendi has secured a Euros 3.5 billion ($5.08 billion) loan to back its acquisition of controlling stakes in U.S.-based vidgame maker Activision and ...

Biggest Bank Merger Ever Set To Close For $101 Billion

Wall Street Journal | JASON SINGER and CARRICK MOLLENKAMP | Posted 03.28.2008 | Business


The biggest banking deal ever is likely to conclude today, resulting in the dismemberment of one of Europe's largest banks. The significance of the d...