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Exclusive – RBS hires advisers for new probe of turnaround unit

Business News | Wed Jul 22, 2015 4:24pm BST  Royal Bank of Scotland (RBS.L) has appointed external advisers to launch a fresh investigation into its treatment of small business customers, sources familiar with the matter said. The bank, 78 percent-owned…

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Negligent Misrepresentation: Half The Truth Is Often A Whole Lie!

MBM Commerical Posted on Oct 21, 2014 by Neil Morrison  | Tags: RBS v O’Donnell and McDonald, personal guarantee, Inner House, half-truth, appeal, innocent misrepresentation, negligent misrepresentation By Neil Morrison, Associate, Financial Disputes INTRODUCTION The recent Inner House decision of…

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RBS: The embarrassing transcripts

6 February 2013 BBC News Business The transcripts shine a light into the murky dealings at the RBS trading desk The latest fines imposed on a bank for the Libor-rigging scandal have produced another crop of embarrassing emails, messages and recorded…

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Carney says many financiers unaware of ethics

Reuters Business News | Fri Jun 26, 2015 4:59pm BST (Reporting by David Milliken; Editing by Mark Heinrich)   Bank of England Governor Mark Carney speaks during the Bankers and Merchants Dinner at the Masion House in London, Britain June…

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Massaging RBS bailout figures doesn’t relieve the pain

London Evening Standard Jim Armitage Published: 11 June 2015 Updated: 15:32, 11 June 2015 You may not associate Rothschild with alternative therapy, but its massaging of the bailout numbers beats the best spas in town. Firstly, it opts to blend the good…

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Please don’t go…

The chancellor may have to drop his tough line over banks to stop HSBC quitting the UK. By The Times Aimee Donnellan and Dominic O’Connell Published: 14 June 2015 Chancellor George Osborne told the Mansion House dinner he wanted banks to keep…

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Rogue bankers join the welfare cheats on Osborne hit list

Author Huw Macartney Lecturer in Political Economy at University of Birmingham Disclosure Statement Huw Macartney does not work for, consult to, own shares in or receive funding from any company or organisation that would benefit from this article, and has…

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Other Countries Bailout Bankers, Iceland Jails Them

by Hiram Crespo on June 30, 2012 in Economy When we grow up we want to be Icelanders! – one of the slogans of the Spanish M-15 Movement Iceland is one of the most beautiful and strange looking places on…

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I wanted every bit of money you could get, said trader accused of Libor fixing

The Times Harry Wilson City Editor Last updated at 12:01AM, May 27 2015 A “greedy” City trader accused of masterminding a huge interest-rate rigging scandal boasted about wanting “every little bit of money you can possibly get”, a court was…

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First Libor fixing trial starts today with UBS suspect facing 10 years in jail if guilty

Published: 01:03, 26 May 2015 | Updated: 07:50, 26 May 2015 Tom Hayes, 35 from Surrey, faces eight charges as part of first jury trial  He was arrested in December 2012 as part of Serious Fraud investigation  Charges relate to…

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