The world’s biggest banks won a major victory on Friday when a U.S. judge dismissed a “substantial portion” of the claims in private lawsuits accusing them of rigging global benchmark interest rates. The 16 banks had faced claims totaling billions …
Royal Bank of Scotland is set to withdraw this week from an insurance scheme set up by Britain during the banking crisis to cover its riskiest loans, having paid the minimum required in premiums, sources familiar with the situation said …
Shares of Royal Bank of Scotland are set to open lower on Monday following the shock decision by Spain’s Santander to pull out of a deal to buy 316 branches from the part-nationalised British bank. The collapse of the deal, …
Stockbrokers involved in the planned stock market listing of British insurer Direct Line reported good interest from private investors in London’s first big retail share offering for six years, although some potential investors are unconvinced. “The appetite has been really …
