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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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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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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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Iceland does what the US won’t: 26 top bankers sent to prison for role in financial crisis

‘Businessman lighting cigar with $100 dollar bill’ [Shutterstock] Reykjavík, Iceland – In stark contrast to the record low number of prosecutions of CEO’s and high-level financial executives in the U.S., Iceland has just sentenced 26 bankers to a combined 74…

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‘On the horizon’: UK on brink of ANOTHER catastrophic banking crash, warns insider

The Express  PUBLISHED: 12:02, Fri, Nov 6, 2015 | UPDATED: 16:43, Fri, Nov 6, 2015 BRITAIN’S banking industry has failed to learn a single lesson from the catastrophic crash that brought the economy to its knees, a senior industry figure…

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How Wall Street’s Bankers Stayed Out of Jail

The Atlantic William D Cohen September 2015 The probes into bank fraud leading up to the financial industry’s crash have been quietly closed. Is this justice? On May 27, in her first major prosecutorial act as the new U.S. attorney…

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RBS Doomed Claims Top Economist

Herald Scotland Reported by Ian Fraser Freelance correspondent Top economist claims Edinburgh will never recover from banking collapse fall-out EDINBURGH will never recover from the failure of its two largest banks at the height of the banking crisis in 2008,…

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Will RBS Ever Be Free Of Criminality? Is It Possible?

Bloomberg Business Richard Partington & Stephen Morris 30-10-2015 RBS Echoes Barclays’s Warning of Persistent Misconduct Costs Royal Bank of Scotland Group Plc said there’s a risk that costs for past misconduct will keep rising and took a restructuring charge of…

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The strange case of RBS and the vampire bankers

Herald Scotland Ian Fraser 27-10-2015 File photo dated 27/01/12 of a general view of signage outside the Royal Bank of Scotland headquarters in Edinburgh. The bank has reported a sharp fall in operating profits to £438 million for the third…

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Regarding FBI probe into RBS article in The Sunday Times today 25/10/2015

SBCB quick to respond following Mark Macaskill article Regarding FBI probe into RBS story in The Sunday Times today 25/10/2015:  http://www.thesundaytimes.co.uk/sto/news/uk_news/scotland/article1624243.ece SBCB decided not to publish today’s (25/10/15) Sunday Times story about the FBI investigation into RBS. However considering the…

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