Category: Clifford Chance RBS review April 2014


Can Sir Howard Davis rescue RBS? From fines and losses to stricter rules and stake sell-off, here are the biggest challenges for bank’s new chairman

This Is Money By James Salmon for the Daily Mail Published: 22:12, 3 September 2015 | Updated: 22:12, 3 September 2015 Sir Howard Davies finally started his new job as chairman of Royal Bank of Scotland on Tuesday. Having relinquished…

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Citi says ‘sell’ RBS, despite the City’s misgivings

The Times Alex Ralph Market Report Last updated at 12:01AM, September 2 2015 Citi was one of several bulge-bracket banks that helped the government to sell 630 million shares in RBS last month Chris Ratcliffe/Bloomberg via Getty Images ot all analyst…

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New blow for RBS as it is sued over £1.1bn loan: State-backed bank could face a flood of actions linked to rate-rigging

This Is Money By Alex Hawkes, Financial Mail on Sunday Published: 22:01, 29 August 2015 | Updated: 22:01, 29 August 2015 A former property tycoon is suing the Royal Bank of Scotland over a £1.1 billion loan deal signed at…

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Pressure grows on RBS as victims of restructuring scandal cry foul at “conflicted” advisors

Herald Scotland Ian Fraser / 57 minutes ago / Business A former Aberdeen oil firm owner who accuses RBS of “stitching up” his business has criticised the bank for appointing the accountancy firm that handled his firm’s administration to review…

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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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RBS, Barclays, HSBC, Goldman: White Collar Criminals In Rigged Foreign Exchange Scandal Must Face Jail Time, Say UK Experts

Global Research, August 22, 2015 Financial penalties expected to hit British banks for Forex rigging will do little to tackle financial crime in the City of London as regulators continue to prioritize high finance over ordinary citizens, experts warn. British…

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Quarter of bankers still under pressure to mis-sell

The Telegraph By Tim Wallace 12:01AM BST 17 Aug 2015 Despite multi-billion pound PPI payouts and years of fines for bad behaviour, a substantial proportion of bankers still feel pressure to sell inappropriate products Britain’s banks have paid more than…

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Barclays threat sparks fury among mis-selling victims

The Times Harry Wilson City Editor Published at 12:01AM, August 17 2015 Barclays has provoked fury after handing hundreds of customers a take-it-or-leave-it offer that could result in some small businesses being forced to pay the bank hundreds of thousands…

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Lawyers step into RBS restructuring row

The Times Katherine Griffiths Banking Editor Published at 12:01AM, August 10 2015 Royal Bank of Scotland has hired PwC alongside two law firms to lead a fresh investigation into whether its restructuring division forced viable businesses to fail. Denton Wilde…

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So Tom Hayes Is Guilty. Who Else Is?

Truth Out . Org Sunday, 09 August 2015 00:00 Written by  James Kwak By James Kwaq The Baseline Scenario | News Analysis Tom Hayes was a trader at UBS and Citigroup who was very, very good … at rigging LIBOR. This week, he…

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