RBS Loses UK Appeal Over ‘Unfair’ Commissions on Payment Protection Insurance October 5, 2023 Royal Bank of Scotland (RBS) on Wednesday lost an appeal over unfair commissions that were charged to customers who were...
RBS Risk Manager Gets Day in U.S. Court Seeking Whistleblower Payout May 13, 2020 By Michelle Price and Sinead Cruise The U.S. Second Circuit Appeals Court on Tuesday considered arguments by an ex-Royal Bank of Scotland employee who is suing...
Supreme Court Rejects Banks’ Appeal Over Mortgage Securities Marketing June 27, 2018 (Reuters) – The U.S. Supreme Court declined on Monday to hear an appeal brought by Nomura Holdings Inc. and the...
RBS Settlement with U.S. Over 2008 Crisis Less Than Feared May 13, 2018 By Emma Rumney, Lawrence White and Sinead Cruise Royal Bank of Scotland’s shares rose as much as 6 percent last Thursday after the bank reached a $4.9 billion...
Last Shareholder Group in Settlement Talks with RBS; Litigation Insurance an Issue March 20, 2017 By Andrew MacAskill, Kirstin Ridley and Lawrence White Lawyers representing tens of thousands of Royal Bank of Scotland (RBS) shareholders have held tentative talks to settle a 1.2...
Edinburgh Defying Finance Doomsayers over Scottish Independence September 5, 2014 By Lukanyo Mnyanda and Richard Partington For the banks, insurers and fund managers that thrived and survived in Edinburgh through war and recession for two centuries,...
Britain’s Barclays, RBS Hit Over High Compensation Scheme March 11, 2013 By Matt Scuffham and Steve Slater Britain’s Barclays and RBS paid more than 500 staff over 1 million pounds ($1.5 million) in 2012, a year when...
RBS Fined $612 Million for Libor Rate Rigging February 7, 2013 By Kirstin Ridley and Matt Scuffham Royal Bank of Scotland will pay $612 million to U.S. and British authorities to settle allegations it manipulated benchmark interest...