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RBS Took On The Wrong Brickie When Committing Malpractices

SBCB 10-9-2015 Ian Fraser at the 33rd Cambridge International Symposium on Economic Crime Ian Fraser Writer & journalist, Author of Shredded: Inside RBS, The Bank That Broke Britain. tweeted The regulators don’t even want to understand, so can’t regulate; says…

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Can Sir Howard Davis rescue RBS? From fines and losses to stricter rules and stake sell-off, here are the biggest challenges for bank’s new chairman

This Is Money By James Salmon for the Daily Mail Published: 22:12, 3 September 2015 | Updated: 22:12, 3 September 2015 Sir Howard Davies finally started his new job as chairman of Royal Bank of Scotland on Tuesday. Having relinquished…

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New blow for RBS as it is sued over £1.1bn loan: State-backed bank could face a flood of actions linked to rate-rigging

This Is Money By Alex Hawkes, Financial Mail on Sunday Published: 22:01, 29 August 2015 | Updated: 22:01, 29 August 2015 A former property tycoon is suing the Royal Bank of Scotland over a £1.1 billion loan deal signed at…

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Pressure grows on RBS as victims of restructuring scandal cry foul at “conflicted” advisors

Herald Scotland Ian Fraser / 57 minutes ago / Business A former Aberdeen oil firm owner who accuses RBS of “stitching up” his business has criticised the bank for appointing the accountancy firm that handled his firm’s administration to review…

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Businessman Paul Nightingale cleared of harassing Natwest bank manager Timothy Baron

Western Morning News Posted: August 15, 2014 Businessman Paul Nightingale was cleared at Exeter Crown Court of harassing Natwest bank manager Timothy Baron A businessman whose business was forced into administration by bank charges of £1.2 million has been cleared…

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Southern Cross lenders in line for interest rate swap compensation

The Telegraph By Marion Dakers, Financial Services Editor 5:00PM BST 22 Aug 2015 RBS payment could be a belated windfall for creditors to the failed care home provider  Southern Cross, which managed 750 care homes, was floated by Blackstone in 2006…

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Lawyers step into RBS restructuring row

The Times Katherine Griffiths Banking Editor Published at 12:01AM, August 10 2015 Royal Bank of Scotland has hired PwC alongside two law firms to lead a fresh investigation into whether its restructuring division forced viable businesses to fail. Denton Wilde…

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So Tom Hayes Is Guilty. Who Else Is?

Truth Out . Org Sunday, 09 August 2015 00:00 Written by  James Kwak By James Kwaq The Baseline Scenario | News Analysis Tom Hayes was a trader at UBS and Citigroup who was very, very good … at rigging LIBOR. This week, he…

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Fraud Office attacks flawed crime reports

The Times Harry Wilson 27th August 2014 David Green: against businesses commissioning their own reports into misbehaviour Richard Pohle /The Times The Serious Fraud Office has criticised the recruitment of “independent” experts to investigate criminal behaviour in companies, warning that…

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Ruling raises hope of suing over mis-sold rate swaps

The Times James Hurley Enterprise Editor 31-7-2015 The landmark High Court ruling means victims may be able to sue their bank Dan Kitwood/Getty Images Thousands of businesses angry at the outcome of the financial regulator’s compensation scheme for victims of…

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