The owner of a bankrupt student housing company sued Royal Bank of Scotland, saying the lender sold hedging products linked to Libor while trying to rig the interest-rate benchmark.
RBS Global Banking & Markets delivers financing, risk management and investment services to corporations, governments and financial institutions around the world.
The Financial Conduct Authority (FCA) will fine Royal Bank of Scotland about £15m for giving poor sales advice to mortgage customers in the latest blow to the taxpayer-controlled bank's reputation.
Royal Bank of Scotland said on Wednesday it had reached a settlement allowing it to use a key piece of software in its trade finance business that a U.S. judge had prevented the bank from using due to copyright infringement.
Royal Bank of Scotland is considering selling the international arm of its Coutts private bank as it shifts its focus to wealthy clients in the U.K.
Royal Bank of Scotland Group is planning to reduce the office space it rents in Hong Kong’s Central business district by half, according to two people with knowledge of the matter.
Sir Philip Hampton, chairman of Royal Bank of Scotland, is thought to be preparing his exit from the bailed-out bank amid mounting expectations he will move to the same role at GlaxoSmithKline.
A group of investors have filed a claim for compensation from Lloyds Banking Group for losses they claim they incurred during the rescue of HBOS in 2008.
As we are constantly being approached by people looking to gain graduate entry into financial markets firms, we've come up with this directory.
Royal Bank of Scotland has won dismissal of a lawsuit filed by Seoul-based Woori Bank over losses from investments in collateralized debt obligations tied to the housing market.
Many of these are incredible.
Royal Bank of Scotland would 'inevitably' move its headquarters from Edinburgh to London if Scotland votes for independence later this year, Business Secretary Vince Cable said on Wednesday.
Bloomberg reports that Royal Bank of Scotland could cut as many as 300 staff in equities after failing to find a buyer for the units.
Jezri Mohideen, a former Royal Bank of Scotland manager who was fired during its investigation into Libor-rigging, sued the lender for racial discrimination and unfair dismissal.
Here's a note of the latest 'Movers & Shakers'
Societe Generale Corporate & Investment Banking has announced two major developments in North America and Europe in the energy market.
Bad day at the office.
There are two classes of London bankers.
And the winner is..
The firm seeks to slim down its operations to prepare for tough new U.S. regulations.
No less than 7 top firms have gone / are going through difficulties of one kind or another - and that's in addition to the 'normal' issues banks are having related to regulation, capital requirements and the malaise in fixed income.
Let's get this right.