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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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Coming soon: HBOS the sequel?

The Sunday Times  Aimee Donnellan Published: 22 November 2015 Light-touch regulation let the lender run amok. Will George Osborne’s sops to the City spell the start of a new era of lax controls? Former HBOS chief executives James Crosby, left,…

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RBS Receives Sell Rating from Berenberg Bank

Ticker Report Posted by Stephan Byrd on Nov 25th, 2015   RBS (LON:RBS)‘s stock had its “sell” rating reiterated by equities research analysts at Berenberg Bank in a research note issued on Wednesday, AnalystRatings.Net reports. They presently have a GBX 250…

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fraud and dishonesty “at the highest level of RBS”

Scottish Legal News LIBOR, Property Alliance Group PLC v RBS, RBS November 17, 2015 The latest on swap litigation: fraud and dishonesty “at the highest level of RBS” In a major development in swaps litigation, an explosive judgement issued on Friday 13th November…

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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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Bank of England’s Carney: Markets ‘tainted’ by misconduct

BBC News 11 November 2015 Image copyright Reuters Image caption Mario Draghi, George Osborne and Mark Carney are attending a public forum on financial markets Bank of England governor Mark Carney says public faith in financial markets has been shaken…

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Does The City Need Anymore Rogue Traders?

The Times Alex Ralph Last updated at 12:01AM, November 9 2015 Rogue Trader Wants To Help Clean Up The City Nick Leeson has co-launched an education, advisory and investigation firm Niall Carson/PA He went down in history as the working…

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