Category: GRG


Why Bank Bosses Partying at Gleneagles Is a Crisis Warning Indicator

Huffington Post By Ian Fraser 1-12-2015 Award winning journalist and commentator What is it about the Gleneagles Hotel and the Scottish banks? Is there something in the water at the opulent 1920s Perthshire spa and golfing resort – or perhaps…

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Swaps and the FCA Review process: is the Review working?

By Cat Maclean Partner and Solicitor Advocate, Head of Dispute Resolution at MBM Commercial LLP Some 3 and a half years have now passed since the FCA announced a Review into the missale of interest rate hedging products, or swaps. Although…

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RBS and Standard Chartered weakest in Bank stress test

BBC News By Howard Mustoe Business reporter Image copyright AFP Royal Bank of Scotland and Standard Chartered were the weakest of Britain’s seven largest lenders in a Bank of England stress test. For the second year, the central bank has subjected…

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RBS: STRIPPING SMALL BUSINESSES, BOOSTING BIG BANKS AND GETTING AWAY WITH IT

Real Media By By Kam Sandhu 27-11-2015 ‘Taking on a bank, especially what was the largest bank in the world at one stage, I’m just a bricklayer, and it really is stressful as an SME to take on these people,’ Clive…

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Libor Rigging Further Unmasked PAG V’s RBS

Via Berg Author Ian Mendelsohn Wednesday, 25th November 2015 Property Alliance Group Limited (“PAG”) –v- The Royal Bank of Scotland plc (“RBS”) In a game changing decision of the High Court delivered on 13 November 2015 PAG has been given permission to…

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It Never Rain’s Just Pours For RBS

New York Post By Kevin Dugan November 24, 2015 | 12:03pm RBS facing new charges over sale of loan securities Just when Wall Street thought it was out, the Justice Department pulls it back in. After the big banks paid billions…

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Banking Reform Loose Canon

The Guardian Giles Fraser Learning to trust bankers again is the very worst thing we could do Pedestrians walk past the Bank of England. ‘With all that money sloshing about, the real moral hazard of the financial services industry is…

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Banks’ crime fighters want to quit their jobs

The Telegraph By Tim Wallace 12:15AM GMT 17 Nov 2015 Banks are squealing at tough new red tape, but regulators such as the Financial Conduct Authority say they will not back down Banks could face an exodus of crime-fighting staff,…

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FCA and PRA bolster protection for whistleblowers in the financial industry

The Barrister Largest Independent Magazine For Barristers Practising In UK Posted on November 12, 2015 by barrister The FCA and PRA have published new rules on whistleblowing designed to empower individuals to raise concerns within the financial industry. According to…

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Bad bankers are like shoplifters, says George Osborne

The Telegraph By Peter Spence & Tim Wallace It’s wrong that people who steal from shops are jailed, but bad bankers are not held to account Chancellor George Osborne (L), and Mark Carney at the Bank’s Open Forum Bankers who…

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