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Before his arrest in Cleopatra’s, a cheap and cheerful internet cafe near Haymarket station in Edinburgh, Frageand Naseem presided over a web of fraudulent bank transactions that criss-crossed the world. Full Article at Times Online
When Brian Sloane was asked to reapply for his job for the eighth time he knew the game was up. Full Article at Times Online
A protester holds up a banner outside the Royal Bank of Scotland headquarters in the City of London as protesters tour the financial institutions in the City calling for new policies to protect the livelihoods of millions of people amid the growing worl... View Photo »
The divestments Lloyds will make will lead to an important shake-up of the UK retail banking market. Together with divestments from Royal Bank of Scotland [RBS] and the eventual sale of Northern Rock, consumers could have three new banks competing for their business on the high street within four years.
Government-backed banks raised mortgage rates and introduced stricter lending criteria last week amid concerns that this year’s house-price recovery is not sustainable. Full Article at Times Online
Susan Rice, one of Scotland’s most influential bankers, has stepped down from the board of Lloyds TSB Scotland. The decision was made at a board meeting of the bank, a subsidiary of Lloyds Banking Group, this week. Full Article at Times Online
Under World Trade Organisation (WTO) rules, the Government may have been guilty of financial protectionism when it rescued Royal Bank of Scotland (RBS) and Lloyds Banking Group. Full Article at The Telegraph
A young protester listens to a speech outside the Royal Bank of Scotland headquarters in the City of London as protesters tour the financial institutions in the City calling for new policies to protect the livelihoods of millions of people amid the grow... View Photo »
For the week, the S&P500 slipped 0.2% (up 20.8% y-t-d), while the Dow added 0.5% (up 17.6% y-t-d). The Morgan Stanley Cyclicals dipped 0.5% (up 64.2%), and Transports slipped 0.4% (up 11.5%). Full Article at Safehaven
A disabled teenager has won a landmark victory against his bank over wheelchair access. David Allen, 18, who has muscular dystrophy, took the Royal Bank of Scotland to court after it failed to fix the problems over access, breaking discrimination laws. Full Article at Mirror.co.uk
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A protester holds up a banner outside the Royal Bank of Scotland headquarters in the City of London as protesters tour the financial institutions in the City calling for new policies to protect the livelihoods of millions of people amid the growing world economic crisis, as G20 Finance...
View Photo »A young protester listens to a speech outside the Royal Bank of Scotland headquarters in the City of London as protesters tour the financial institutions in the City calling for new policies to protect the livelihoods of millions of people amid the growing world economic crisis, as G20...
View Photo »"Camp for Climate Change" demonstrators protest outside of the Royal Bank of Scotland's headquarters in London September 1, 2009.
View Photo »"Camp for Climate Change" demonstrators protest outside of the Royal Bank of Scotland's headquarters in London September 1, 2009.
View Photo »LONDON, ENGLAND - SEPTEMBER 01: Climate change protesters blockade the entrance to The Royal Bank of Scotland's headquarters on September 1, 2009 in London, England. Climate campaigners have also been staging a week long protest camp in Blackheath south London.
View Photo »LONDON, ENGLAND - SEPTEMBER 01: Climate change protesters blockade the entrance to The Royal Bank of Scotland's headquarters on September 1, 2009 in London, England. Climate campaigners have also been staging a week long protest camp in Blackheath south London.
View Photo »LONDON, ENGLAND - SEPTEMBER 01: Climate change protesters blockade the entrance to The Royal Bank of Scotland's headquarters on September 1, 2009 in London, England. Climate campaigners have also been staging a week long protest camp in Blackheath south London.
View Photo »LONDON, ENGLAND - SEPTEMBER 01: Climate change protesters blockade the entrance to The Royal Bank of Scotland's headquarters on September 1, 2009 in London, England. Climate campaigners have also been staging a week long protest camp in Blackheath south London.
View Photo »LONDON, ENGLAND - AUGUST 12: Businessmen chat outside the headquarters of RBS (Royal Bank of Scotland) in London's financial district on August 12, 2009 in London, England.
View Photo »A customer uses a Royal Bank of Scotland (RBS) cash machine in Edinburgh, Scotland August 7, 2009.
View Photo »A man uses a Royal Bank of Scotland (RBS) cash machine in Edinburgh, Scotland August 7, 2009.
View Photo »A man uses a Royal Bank of Scotland (RBS) cash machine in Edinburgh, Scotland August 7, 2009.
View Photo »Royal Bank of Scotland Chief Executive Fred Goodwin smiles as he leaves the Edinburgh International Conference Centre after the bank's annual general meeting in Edinburgh, Scotland in this April 23, 2008 file photo.
View Photo »Alain Roberts waves after climbing the exterior of the Royal Bank of Scotland building in Sydney, Australia, Tuesday, June 2, 2009.
View Photo »Alain Robert stops half way up the Royal Bank of Scotland building for a breather and to send a text message on his mobile phone in Sydney, Australia, Tuesday, June 2, 2009.
View Photo »Navid Goraya, global head of Islamic Finance for the Royal Bank of Scotland, poses for a picture during the Reuters Islamic Banking Summit in Dubai April 13, 2009.
View Photo »Navid Goraya, global head of Islamic Finance at the Royal Bank of Scotland, talks during the Reuters Islamic Banking Summit in Dubai April 13,2009.
View Photo »Pedestrians pass a branch of The Royal Bank of Scotland in London, Tuesday, April 7, 2009. The Royal Bank of Scotland PLC said Tuesday it has begun talks with unions over restructure of its back office operations that could cut as many as 9,000 jobs globally over the next two years.
View Photo »People leave a Royal Bank of Scotland building in London April 7, 2009. Part-nationalised lender Royal Bank of Scotland said it could shed up to 9,000 jobs over the next 2 years, including 4,500 in the UK, as part of a shake-up of its back-office operations.
View Photo »A woman leaves a Royal Bank of Scotland building in London April 7, 2009. Part-nationalised lender Royal Bank of Scotland said it could shed up to 9,000 jobs over the next 2 years, including 4,500 in the UK, as part of a shake-up of its back-office operations.
View Photo »Pedestrians pass a branch of The Royal Bank of Scotland in London, Tuesday, April 7, 2009. The Royal Bank of Scotland PLC said Tuesday it has begun talks with unions over restructure of its back office operations that could cut as many as 9,000 jobs globally over the next two years.
View Photo »A Royal Bank of Scotland (RBS) branch is pictured in central London, on April 7, 2009. Royal Bank of Scotland said Tuesday it will cut 9,000 jobs over the next two years, half of them in Britain, on the same day the government lifted its stake in the troubled lender.
View Photo »Shoppers are reflected in the window of a Royal Bank of Scotland (RBS) branch in central London, on April 7, 2009.
View Photo »A man is reflected in the window of a Royal Bank of Scotland (RBS) branch in central London, on April 7, 2009.
View Photo »A man uses a Royal Bank of Scotland (RBS) cashpoint machine at a branch in central London, on April 7, 2009. Royal Bank of Scotland said Tuesday it will cut 9,000 jobs over the next two years, half of them in Britain, on the same day the government lifted its stake in the troubled lender.
View Photo »A young protester listens to a speech outside the Royal Bank of Scotland headquarters in the City of London as protesters tour the financial institutions in the City calling for new policies to protect the livelihoods of millions of people amid the growing world economic crisis, as G20...
View Photo »The divestments Lloyds will make will lead to an important shake-up of the UK retail banking market. Together with divestments from Royal Bank of Scotland [RBS] and the eventual sale of Northern Rock, consumers could have three new banks competing for their business on the high street within four years.
We’ve taken significant steps to adapt to the environment in which we operate and our underlying business remains solid. We continue to do good business and remain committed to supporting our 1.9m customers. Following this week’s announcement regarding the state aid measures agreed with the European Com...
We were not the only victims ... Bear Stearns, HBOS, Royal Bank of Scotland, Northern Rock, all the American investment banks – all of them were essentially bankrupt. And why did the big banks not fail there? The UK and US governments came in and supported them. Of course, this could not happen in Icela...
The UK government has let it be known within city circles that Lloyds bank, Royal Bank of Scotland and Northern Rock will all be broken up and sold off in due course, as the UK government looks to increase competition in the sector and alleviate the potential problem of overdependence on a small group o...
It is obviously the intention of the government to sell off branches from Royal Bank of Scotland, Lloyds Banking Group, Northern Rock and Bradford & Bingley to new kids on the block. Tesco is an obvious choice and would be popular.
Ulster Bank confirms that it has received €500m in additional capital as part of the Royal Bank of Scotland Group’s ongoing capital management
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RT @financialuk: Royal Bank of Scotland under pressure over Cadbury bid http://bit.ly/7QV1Mt
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Royal Bank of Scotland under pressure over Cadbury bid http://bit.ly/7QV1Mt
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