Bradley, Diana
This is one of the largest penalties leveled so far in an international investigation involving over a dozen banks, and will heap embarrassment on a lender that had to be bailed out by British taxpayers at the height of the 2008 financial crisis. British finance minister George Osborne on Wedne...
Royal Bank of Scotland on Tuesday agreed to pay $500m to settle charges of using deceptive practices while marketing and selling mortgage-backed securities before the 2008 financial crisis. Announcing the agreement, the New York attorney general, Eric Schneiderman, said: “While the fi...
Like all major financial institutions, RBS was engulfed by the 2008 financial crisis, and as such, the report says that although lending had to decrease, the contraction in lending has “overshot”and the bank had not lent as much as it should have. Sir Andrew Large, who led the investigat...
US Justice Department said the penalty is the largest-ever imposed on a bank for misconduct leading up to the financial crisis
A group of shareholders in Royal Bank of Scotland has launched a multi-million pound lawsuit against the state-owned bank for misleading investors at the height of the credit crisis in 2008.
He added,“The case for repeating Labour’s tax on bank bonuses, to fund a compulsory jobs programme for young people, is getting stronger by the day.” RBS, which is still part state-owned after being rescued in the aftermath of the 2008 financial crisis, was recently criticised by entrep...
RBS has already spent more than £1.5bn over almost five years trying to meet the EU requirement to boost competition by selling the branches and their customers as a condition of being bailed out by the UK taxpayer in the 2008 crisis. ...
摘要: This article reports on the possible lawsuits faced by Goldman Sachs Group Inc. from Royal Bank of Scotland PLC and IKB Deutsche Industriebank AG over its role in marketing mortgaged-backed securities during the financial crisis.年份: 2010 ...
The financial crisis of 2008 and the ensuing economic downturn have prompted intense scrutiny of the United States Department of Justice's (the "Justice De C Golumbic,A Lichy - 《Social Science Electronic Publishing》 被引量: 0发表: 0年 RBS India Unit Sale to HSBC Collapses The financial cri...