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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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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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RBS Receives Sell Rating from Berenberg Bank

Ticker Report Posted by Stephan Byrd on Nov 25th, 2015   RBS (LON:RBS)‘s stock had its “sell” rating reiterated by equities research analysts at Berenberg Bank in a research note issued on Wednesday, AnalystRatings.Net reports. They presently have a GBX 250…

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fraud and dishonesty “at the highest level of RBS”

Scottish Legal News LIBOR, Property Alliance Group PLC v RBS, RBS November 17, 2015 The latest on swap litigation: fraud and dishonesty “at the highest level of RBS” In a major development in swaps litigation, an explosive judgement issued on Friday 13th November…

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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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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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RBS used ‘inaccurate’ documents for payouts

The Times James Hurley and Harry Wilson Last updated at 12:01AM, November 4 2015 Royal Bank of Scotland has been accused of using secret, flawed documents that could have influenced some compensation payouts to victims of the interest rate swaps…

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