Category: Serious Fraud Office


Watchdog ‘will not rush’ after receiving delayed RBS report

James Hurley, Enterprise Editor October 6 2016, 12:01am, The Times Eddie and Cheryl Warren, former owners of The Bold Hotel in Southport, have spoken about the personal toll of losing their business after an encounter with GRG The Financial Conduct Authority has…

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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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RBS’s £1,100 bill for every household

Bank’s share price crash leaves taxpayers nursing £29bn loss RBS is still 73% government-owned, and a sale of the stake is now further away Aimee Donnellan July 10 2016, 12:01am, The Sunday Times Households are sitting on paper losses of £1,100 each…

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RBS chiefs may face fraud trial over seizure of IT firm

Tom Harper and Aimee Donnellan June 12 2016, 12:01am, The Sunday Times Neil Mitchell, who is trying to mount a private criminal prosecution against RBS executives, with girlfriend Sarah Morgan yesterday FRANCESCO GUIDICINI Senior executives at the Royal Bank of Scotland are facing…

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LEXLAW Case Study: RBS pay £1m to settle derivatives mis-selling claim with social care provider

Posted on: July 2, 2016 The Royal Bank of Scotland PLC (RBS.L) has been forced to settle a High Court claim [1] over the mis-selling of two complex collar derivatives [2] in 2007 to Mehnaaz Chaudhry, a businesswoman who provides residential care…

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How trustworthy is your bank?

The Guardian Rupert Jones Saturday 2nd Feb 2008 Paul Walton uncovered a catalogue of errors. Photographer: Christian Sinibaldi Phantom loans, ‘recreating’ paperwork, bringing dozens of lost documents back to life … Rupert Jones talks to one customer who believes the system…

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A lawyer spotted a big mistake made by Britain’s financial regulator when handling sensitive info from businesses

Business Insider UK By Lianna Brinded Jun. 2, 2016, 10:35 AM Britain’s financial regulator made two huge oversights when it came to treating sensitive information from the SME Alliance, a small not-for-profit group that aims to help small to medium enterprises…

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Whistleblowers ‘at risk of betrayal’ by City watchdog

Top MP demands regulator protects informants The FCA had already been warned about its treatment of whistleblower by the parliamentary commission on banking standards in 2013 The Times James Hurley, Enterprise Editor May 14 2016, 12:01am The chairman of the Treasury…

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Top bankers face jail under tough new regime

The Times Aimee Donnellan Published: 6 March 2016 Crackdown: bankers found guilty of reckless misconduct will face jail sentences of up to seven years (Andrea Baldo/Getty Images) TOUGH new rules to punish rogue bankers will come into force tomorrow. Senior bankers…

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Open Letter To Scotland’s First Minister From Brave RBS GRG Victim Mr & Mrs Henderson

Exclusive From The Excellent Kam Sandhu at Real Media @KamBass @RealMediaGB 2/3/2016 AN OPEN LETTER TO NICOLA STURGEON ON RBS PROSECUTION 2 March 2016 Below we publish an open letter sent today by Nigel Henderson to Scottish First Minister Nicola Sturgeon.  Nigel Henderson…

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