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Taxpayers lose £1.1bn on RBS shares sale

The Times Harry Wilson, Katherine Griffiths 5-8-2015 RBS has had a tumultuous recent history since Fred “the Shred” Goodwin quit in 2009 after the bank was nationalised   David Cheskin/PA Royal Bank of Scotland’s share price hit its lowest level…

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We will battle on, warn victims of bank mis-selling

The Sunday Times Kiki Loizou Published: 2 August 2015 Interest-rate swaps brought companies to their knees. Now a settlement offers fresh hope to businesses that believe they were misled IT HAS been a long, costly fight for Errol Bland. Eight…

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RBS share sell-off is given the green light

The Times Harry Wilson and Katherine Griffiths Last updated at 12:01AM, July 31 2015 The government is set to launch its first sale of Royal Bank of Scotland shares since the lender’s £46 billion taxpayer-funded rescue nearly seven years ago,…

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Lloyds Is Next Target for Libor-Shaming Guy Who Took On Barclays

Bloomberg Business by Kit Chellel July 24, 2015 — 5:00 AM BST A year ago, Gary Hartland turned a trial about interest-rate swaps into a public examination of Barclays Plc executives’ misconduct in the Libor scandal. Now he wants to…

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Fired FCA boss Martin Wheatley hits out at Osborne and big banks

The Times Harry Wilson City Editor Published at 12:01AM, July 23 2015 Martin Wheatley said some areas of the City still had “much further to go” The ousted boss of the City watchdog has taken a coded swipe at the…

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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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Verdict on ‘abuse’ of SMEs delayed again

The Times James Hurley Enterprise Editor Published at 12:01AM, July 22 2015 RBS’s Global Restructuring Group is accused of ‘artifically distressing’ SMEs The findings of a long-awaited Financial Conduct Authority report into Royal Bank of Scotland’s treatment of distressed business…

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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 faces £8bn in fines and redress costs this year, warn analysts

Legal costs at the state-backed bank will get worse before they get better, Barclays analysts predict Chief executive Ross McEwan hopes the Royal Bank of Scotland will be back to normal by 2019 The Telegraph By Tim Wallace 4:52PM BST…

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U.S. Regulators Tell RBS It Faces $13 Billion Mortgage Fine

Bloomberg Business by Richard Partington July 2, 2015 — 2:06 PM BST Updated on July 3, 2015 — 8:43 AM BST U.S. regulators have told Royal Bank of Scotland Group Plc it could pay as much as $13 billion if…

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