Search Results for: RBS
EU on brink of ‘terrifying crisis’ Five of Europe’s big banks are in danger, warns expert
February 4th, 2016
Some of Europe’s biggest banks are on the brink for a crisis that echoes the 2008 meltdown, a finance expert warned today, as fears over the global economy escalate. Deutsche Bank, Credit Suisse, Santander, Barclays and RBS are among ...
Royal Bank of Scotland announces Updates to the Market and Banco Santander publishes 2015 Results
January 27th, 2016
The Royal Bank of Scotland Group plc (“RBS” or “the Group”) today announces a series of updates to the market: 1. Developments during 2015, in particular publication by the International Accounting Standards Board of its exposure draft of amendments ...
Major UK banks plan robo-advice launches
January 25th, 2016
Major High street banks are moving into robo-advice world as part of their return to the mass advice market. The Financial Times reported that Barclays, Royal Bank of Scotland (RBS), Lloyds and Santander are developing online offerings for their ...
Europe’s big banks remain wary of doing business with Iran
January 25th, 2016
Sanctions have been lifted but uncertainty over US authorities’ stance means banks are reluctant to handle payments A week after the lifting of sanctions against Iran, major European banks are still reluctant to handle Iranian payments as they remain wary of ...
Six Banks Negotiating Settlement in Swiss Libor Probe
January 25th, 2016
Swiss regulator: `We won’t go for a settlement at any price’ Settlement would resolve one of few remaining Libor probes At least six banks targeted in Switzerland’s investigation into Libor-rigging are in settlement talks with the country’s competition regulator, ...
Societe Generale predicts collapse of the eurozone
January 14th, 2016
Societe Generale seconds RBS doomsday prophecy and predicts collapse of the eurozone Albert Edwards, a strategist at Société Générale bank, has warned of an impending global financial crisis similar to the one that occurred in 2008-09. This time, he ...
China Halts Stock Trading After 7% Rout Triggers Circuit Breaker
January 4th, 2016
Weak manufacturing data, end to share-sale ban sparked rout Stocks in Hong Kong extend retreat after mainland halt The worst-ever start to a year for Chinese shares triggered a trading halt in more than $7 trillion of equities, futures ...
Former R.B.S. Bond Trader Pleads Guilty to Securities Fraud
December 22nd, 2015
A former top trader at the Royal Bank of Scotland pleaded guilty in federal court in Connecticut on Monday to one count of conspiracy to commit securities fraud as part of the government’s investigation into Wall Street bond sales ...
Cameron Claims Momentum as EU Offers Compromise on U.K. Demands
December 18th, 2015
Prime Minister David Cameron said his bid to change Britain’s relationship with the European Union is gathering momentum after fellow leaders signaled they are willing to find compromises on his demand for curbs on welfare. Rather than the fight ...
Morgan Stanley Agrees to Pay $225 Million to Settle NCUA’s Claims
December 11th, 2015
Most Recent Settlement Resolves Cases in New York and Kansas Federal Courts The National Credit Union Administration today announced a settlement with Morgan Stanley for $225 million to resolve claims arising from losses related to corporate credit unions’ purchases ...
