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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 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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SFO rejects claim that it ignored tip-offs

The SFO recently asked the Treasury for £21 million to continue its current investigations Harry Wilson City Editor Published at 12:01AM, February 8 2016 A row has erupted between the Serious Fraud Office and one of London’s leading law firms…

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Former RBS chiefs now control half the ‘challenger banks’ earmarked to reform Britain’s finance industry

Exclusive: Market figures say former RBS coterie carry disproportionate weight in sector’s dealings with the Government James Moore Associate Business Editor @TheIndyBusiness Friday 5 February 2016 “We don’t need smaller versions of the same toxic banking culture, which refuses to act in the interests…

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Former RBS boss Stephen Hester set for £500,000 payout from bailed-out bank – more than two years after he left

RBS also set to confirm it awarded Hester £1.7million in shares last March Hester’s total pay over five years will hit around £13million  Former Royal Bank of Scotland boss Stephen Hester is on course for a final payout from the…

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Jail Crooked ‘Fat Cat’ Bankers Don’t Reward Them!

Campaign created by Scott Simpson 10-1-2016 TO: GEORGE OSBORNE Restart the Financial Conduct Authority Investigation into Banking Culture Why is this important? We The TAXPAYERS Need to Change UK Banking Culture and STOP Product Mis-selling, Dodgy Loans, LIBOR Rigging and Huge…

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Corporate FatCat’s Beware

Evening Standard Martin Bentham Wednesday 6 January 2016 Fraud chief calls for tougher corporate prosecution laws Reforms: Serious Fraud Office chief David Green says large businesses with a culture of criminality are “not being brought to justice” Prosecutors should have US-style…

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Prosecutors after JP Morgan and RBS executives

http://www.executive-grapevine.com/ Published: Wed, 18 Nov 2015 10:48am GMT Prosecutors are pursuing criminal charges against executives from the Royal Bank of Scotland (RBS) and JP Morgan for alleged illegal activities. Police are currently investigating the company’s role in selling supposedly flawed…

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Labour & Lib Dem Peers Voice Fury

Mirror 13:43, 14 Dec 2015 Updated 16:43, 14 Dec 2015 BY Dan Bloom The Tories have quietly scrapped a crackdown on fatcat bank bosses Going easy on the bankers: George Osborne The Tories have quietly dropped a crackdown on fatcat bosses who preside over reckless…

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