Search Results for: Lloyds Bank
Co-op report criticises KPMG and regulator
October 23rd, 2014
KPMG and the financial regulator have been criticised in a report by MPs into Co-op Bank’s failed bid to buy 632 Lloyds branches last year. The Treasury Committee said the black hole in Co-op Bank’s finances which halted the ...
Risk of mega-fines holds back RBS privatisation
October 22nd, 2014
Bailed-outbank RBS is almost ready to be privatised, but the risk of major fines is stopping a large scale share sale, UK Financial Investments’ (UKFI) bosses told MPs yesterday. The government still owns 80 per cent of the bank ...
Clyde & Co drafted in by RBS shareholders for potential class action
September 16th, 2014
Clyde & Co partner Julian Connerty is advising a group of shareholders planning to sue the Royal Bank of Scotland (RBS) for allegedly forcing small companies out of business through its global restructuring group (GRG). The action group is ...
RBS confirms plan to move to England in case of Scottish Yes
September 11th, 2014
The Royal Bank of Scotland (RBS) has confirmed that it will re-domicile to England if the Scots vote to abandon the United Kingdom on 18 September. In a statement issued this morning RBS said: RBS has undertaken contingency planning ...
Quinn Emanuel, Stewarts and Bird & Bird gear up for RBS rights battle
August 18th, 2014
Quinn Emanuel Urquhart & Sullivan and litigation boutique Leon Kaye have formally joined the £4bn shareholder battle brought against the Royal Bank of Scotland (RBS) over its 2008 rights issue. Leon Kaye, Quinn Emanuel, Stewarts Law and Bird & ...
Research: Trends & Conclusions
July 23rd, 2014
The insolvency and restructuring business remains slow-moving thanks to the improving economy and low interest rates. Lawyers note increased competition and a fight for the limited work available. But this period may soon be at an end as the ...
Companies attacked for ‘potentially misleading’ debt collection letters
July 4th, 2014
A string of banks and utilities have today given details of how they sent letters to customers under other names. This is a practice that is being criticised by some consumer campaigners and MPs as potentially misleading. The letters ...
