Search Results for: Scotland
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 ...
MP calls for FRC accounting body to investigate KPMG over HBOS
December 14th, 2015
Britain’s accounting standards watchdog has made a “serious mistake” in refusing to open a formal investigation into accountancy firm KPMG over the way it checked the books of HBOS bank before it collapsed, a senior UK lawmaker said on ...
Cheap oil makes UAE an attractive place to invest, says ADFG chief
December 10th, 2015
Abu Dhabi Financial Group is targeting a series of investments in the UAE, according to Jassim Alseddiqi, the investment firm’s chief executive, as lower oil prices make investments financially attractive. “The pricing today for the UAE markets, whether it’s ...
RBS pays €23.8m to settle tax evasion inquiry into Coutts’ Swiss operation
December 10th, 2015
Settlement with German prosecutors, which involves immunity for any current for former staff, is latest embarrassment for bailed-out bank Royal Bank of Scotland is paying €23.8m (£17.3m) to German prosecutors to settle an investigation into tax evasion by part of ...
TrueEX locks in JPM, RBS for swaps service
December 9th, 2015
Trading platform trueEX has rolled out a new automated trading service for swaps and locked in the participation of two major dealers – something of a coup as banks have traditionally been unwilling to support such efforts in the past. JPMorgan and Royal ...
UBS Traders May Be First to Face Sanctions in Forex Probes
December 2nd, 2015
Swiss regulator may issue penalties by the end of the year Finma probed 11 currency, metals traders amid global scandal As many as seven UBS Group AG traders may face sanctions from Switzerland’s financial watchdog in the coming weeks, ...
RBS,HSBC, Barlcays and StanChart announced their stress test results
December 1st, 2015
The Royal Bank of Scotland Group plc, HSBC Holdings plc, Barclays PLC and Standard Chartered PLC have issued press releases to announce their results in relation with the 2015 Bank of England stress test. Royal Bank of Scotland Group ...
Facebook to replace work email at RBS
November 27th, 2015
The Royal Bank of Scotland is making Facebook at Work available to more than 100,000 employees RBS is the largest client to trial the service with over 500 employees currently using it at work every day Facebook at Work has ...
British judge delays trial of RBS shareholder lawsuit to 2017
November 27th, 2015
A High Court judge on Thursday delayed the trial in a drawn-out battle between Royal Bank of Scotland (RBS.L) and shareholders, criticising the lender and its legal advisers for being “unfocused” and swamped by 25 million documents. Thousands of ...
British Accountancy Awards 2015: The winners
November 26th, 2015
A packed house at the Brewery celebrated the best of the profession at the British Accountancy Awards. Nearly 700 guests attended the awards, with regional and national firms recognised for the efforts during the past 12 months. The winners ...
