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More than £40bn wiped off value of UK’s biggest banks since start of year in blow to millions of investors and pension savers

More than £40bn has been wiped off the value of the UK’s biggest banks since the start of the year in a blow to millions of investors and pension savers. While all eyes have been on the rout in the…

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Osborne Saved Banks From The Dogs, But He Cant Stop The SME’s Seeking Justice

Banking culture inquiry scrapped by regulator FCA as “Osborne pulls dogs off the banks” The Independent Hazel Sheffield Thursday 31 December 2015 Labour MP John Mann told the Independent that the decision directly relates to the sacking of Martin Wheatley, former…

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George Osborne – The Bankers’ Toady!

Jan 1, 2016 Rowan Bosworth-Davies Financial Crime Expert Consultant George Osborne is facing serious accusations of forcing financial regulators to abandon a review into Britain’s banking culture, while under pressure from the banking industry’s biggest names. The Chancellor is “bowing”…

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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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Lords could derail Osborne’s plans to soften rules on banker accountability

The Guardian By Simon Bowers and Jill Treanor Sunday 13 December 2015 16.27 GMT Opposition peers proposing to amend Bank of England bill, which would unwind tougher regulation set up by the coalition in 2013 The Conservative party does not have…

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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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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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