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News: UK regulators penalize RBS for 2012 IT incident
253 days ago - BBR - News
Royal Bank of Scotland (RBS), National Westminster Bank and Ulster Bank have been ordered to pay £56m fine by the UK regulators over failure to identify and manage their expo...
News: RBS fined £56m over computer glitch
254 days ago - BBC News - Business
Royal Bank of Scotland is fined £56m by regulators after a 2012 software issue left millions of customers unable to access their accounts.
News: Currency trading: Fixed penalty
256 days ago - The Economist: Finance and economics
ONCE again, a handful of the world’s largest banks have agreed to pay vast amounts of money to settle an investigation, this time concerning the manipulation of benchmarks u...
News: Regulators fine global banks $3.4 billion in forex probe
258 days ago - IEHI Feed: The Hedge Fund Implode-o-Meter
``Regulators fined five major banks $3.4 billion for failing to stop traders from trying to manipulate the foreign exchange market, the first settlement in a year-long global ...
News: 5 Big Banks Fined $3.3 Billion in Foreign Exchange Scandal
262 days ago - DealBook
The British, American and Swiss fines against Citigroup, HSBC, JPMorgan Chase, the Royal Bank of Scotland and UBS come as regulators target a financial industry business cultu...
News: Europe shares dip; banks mixed after forex probe fine
262 days ago - Reuters: Financial Services and Real Estate
PARIS, Nov 12 (Reuters) - European shares dipped early on Wednesday, reversing the previous session's small gains, with shares in HSBC and Royal Bank of Scotland falling after...
News: Irish central bank fines Ulster Bank over IT fiasco
262 days ago - Business Insider
London (AFP) - Ireland's central bank handed a record fine to Ulster Bank on Wednesday for an IT meltdown that left 600,000 customers unable to use their accounts for a month....
News: Novel suit to determine if soldiers can sue over wartime terrorism
262 days ago - The Great Debate
By Alison Frankel Soldiers die in wartime. Charlotte Freeman knew that when her husband, Brian - a West Point graduate, world-class bobsledder and Army Reserve captain - went...
News: Wages: An honest living
263 days ago - The Economist: Britain
WAGES have been falling in Britain since 2007, once inflation is taken into account, making it harder and harder for workers to make ends meet. A legally enforced minimum wa...
News: The leverage ratio: Never lever land
IN 2008 Royal Bank of Scotland (RBS) was bailed out with £45.5 billion ($79 billion) of taxpayer funds, or £741 for every British citizen. The bank’s capital base had been...
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