Category: Judiciary calling for action


RBS to relive unpleasant memories as investor lawsuit looms

Reuters – UK Focus – 5 hours ago Investors hurt in 2008 rights issue eye billions * Unsuccessful summer talks tee up costly case in March * Former boss Fred Goodwin may be called as defence witness * RBS CEO says ready…

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How Wall Street’s Bankers Stayed Out of Jail

The Atlantic William D Cohen September 2015 The probes into bank fraud leading up to the financial industry’s crash have been quietly closed. Is this justice? On May 27, in her first major prosecutorial act as the new U.S. attorney…

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UK Bank Fraudsters Lucky This Is Not America

Bill Moyers September 17, 2013 by Joshua Holland Hundreds of Wall Street Execs Went to Prison During the Last Fraud-Fueled Bank Crisis This combination of Associated Press file photos shows, left, Patrick Kenny a Specialist of Lehman Brothers working his post…

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RBS To Waste More Tax-Payers Money Twisting The Knife

Daily Record 10:00, 19 Oct 2015 By Alastair McNeill   Hamilton businessman’s gruelling seven-year battle with RBS continues Derek Carlyle pictured outside the Motherwell RBS branch were it all began A bankrupt Hamilton businessman’s costly seven-year battle with RBS looks…

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33 million reasons why you should not own RBS Shares

Plymouth couple get court date for five-week battle against big bank that could win them £33millionBy Plymouth Herald  |  Posted: October 09, 2015 A Plymouth businessman and his wife are preparing for a High Court battle with a big bank…

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RBS urged by MP to settle case with bankrupt developer ahead of FCA report

Herald Scotland  Simon Bain / Saturday 10 October 2015 / Business EXCLUSIVE SIMON BAIN Pressure is mounting on Royal Bank of Scotland chief executive Ross McEwan to call off the bank’s seven-year legal battle against bankrupt developer Derek Carlyle following his…

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Legal Heavyweights ShenSmith Barristers In partnership with SBCB & SME Alliance

SBCB.ORG.UK 29-9-2015 ShenSmith Barristers, SBCB, SME Alliance all Join together in Fight for SME Victims of Bank Fraud to seek fair Redress. ShenSmith Barristers is a unique and remote business support service to barristers and chambers with unique beginnings where…

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Banks batten down the hatches as wave of new mis-selling claims nears

The Times Katherine Griffiths Last updated at 12:01AM, September 7 2015  Nerves are rising among Britain’s big banks over the cost of a wave of fresh claims for product mis-selling. The numbers being whispered are astronomical. Some say that lenders…

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Basis of bank accounting is deeply flawed, top QC warns

The Times Patrick Hoskin Financial Editor Last updated at 12:01AM, September 1 2015 Theodor Stolojan has been asked to rethink the new bank accounting standard  The legal cornerstone underpinning the entire edifice of bank accounting is defective, according to a QC’s opinion that…

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The FCA is still leading businesses up a blind alley

Alison Loveday Managing Partner, Berg The issue of how our biggest banks are treating small businesses continues to cause controversy. Last week, saw Rhino Enterprises try to force Barclays to explain why it pushed the business into administration, while the…

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