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RBS to relive unpleasant memories as investor lawsuit looms

Reuters – UK Focus – 5 hours ago Investors hurt in 2008 rights issue eye billions * Unsuccessful summer talks tee up costly case in March * Former boss Fred Goodwin may be called as defence witness * RBS CEO says ready…

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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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As You Were Boys, Business As Usual For Dysfunctional Bankers

BBC News 15 October 2015 From the section Business    Treasury waters down new rules on punishing bankers Image copyright Getty Images Bankers will not have to prove their innocence under new rules being proposed by the UK government. The…

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Legal Heavyweights ShenSmith Barristers In partnership with SBCB & SME Alliance

SBCB.ORG.UK 29-9-2015 ShenSmith Barristers, SBCB, SME Alliance all Join together in Fight for SME Victims of Bank Fraud to seek fair Redress. ShenSmith Barristers is a unique and remote business support service to barristers and chambers with unique beginnings where…

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Banker bonuses face clawblacks up to ten years after wrongdoing

BONUSES of disgraced bankers can be clawed back up to ten years after they have been paid under changes published today by financial regulators. Daily Express By Lana Clements PUBLISHED: 12:46, Tue, Jun 23, 2015 | UPDATED: 13:00, Tue, Jun…

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Please don’t go…

The chancellor may have to drop his tough line over banks to stop HSBC quitting the UK. By The Times Aimee Donnellan and Dominic O’Connell Published: 14 June 2015 Chancellor George Osborne told the Mansion House dinner he wanted banks to keep…

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Osborne to cut losses with £32bn sale of RBS

The Times Sam Coates Deputy Political Editor  George Osborne signalled the end of the biggest taxpayer bailout in British history yesterday by announcing the sale of the public’s £32 billion stake in Royal Bank of Scotland. Seven years after the…

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Small firms unite to wage war on RBS

     Banking and Finance Gary Parkinson, James Hurley Last updated at 12:01AM, March 2 2015 More than 250 companies claiming to have been damaged or destroyed by Royal Bank of Scotland’s “turnaround” division have clubbed together to sue the…

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Aggrieved customers turn up the heat on RBS

James Hurley The Times Last updated at 12:01AM, October 28 2014 Lawyers acting for businesses affected by Royal Bank of Scotland’s turnaround division have demanded that the bank preserve “critical evidence” before a planned group legal action. Quinn Emanuel, an…

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