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Coming soon: HBOS the sequel?

The Sunday Times  Aimee Donnellan Published: 22 November 2015 Light-touch regulation let the lender run amok. Will George Osborne’s sops to the City spell the start of a new era of lax controls? Former HBOS chief executives James Crosby, left,…

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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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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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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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‘Phantom phone call’ haunts mis-selling case

The Times James Hurley 4-11-2015 Bob Hamblin feels let down by the system after failing to win his case for redress Andrew Fox/The Times Company boss disputes Royal Bank of Scotland email evidence in his fight for compensationLike thousands of…

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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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Bad News At Bailed Out RBS Just Keeps On Coming

Bloomberg Business Donal Griffin Ambereen Choudhury RBS Investment Bank’s Loss Almost Doubles Amid Overhaul Trading revenue declines amid `uncertain’ market conditions RBS chief McEwan is winding down parts of the division Royal Bank of Scotland Group Plc, Britain’s largest taxpayer-owned lender, said…

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