RBS Executives Were Focused on Saving Bank, Not LiborFebruary 11, 2013Royal Bank of Scotland's management failed to spot the manipulation of benchmark interest rates by traders because they were focused on keeping the bank alive.
RBS Fined $612 Million for Libor Rate RiggingFebruary 06, 2013Royal Bank of Scotland was fined $612 million and a subsidiary admitted to a criminal offense as regulators nailed a third bank in a global investigation into rigging of benchmark interest rates.
Libor Probe May Further Shrink RBS Investment BankJanuary 18, 2013Royal Bank of Scotland
will face pressure to further shrink its investment bank should
an investigation into interest rate rigging show cultural
failings persist in the business, political and industry sources
have said.
RBC Profit Rises 22 Percent on Strong Fixed-Income TradingNovember 29, 2012Royal Bank of Canada's
quarterly profit rose 22 percent on a sharp jump in fixed income
trading revenue and steady loan growth, suggesting the
long-awaited slowdown in Canadian consumer lending has yet to
materialize.
RBS, Commerzbank Drawn into U.S. Iran Money ProbeAugust 22, 2012U.S. authorities are
investigating Royal Bank of Scotland and Commerzbank
over possible breaches of sanctions on Iran, in a
widening crackdown which has already cost Standard Chartered
a hefty fine.
Worried About Your Wall Street Job? At Least You're Not In EuropeAugust 24, 2011Less than a couple of months ago, reports suggested that the job situation in the UK was looking decidedly rosier than in the U.S. But a couple of months in the banking industry are almost like dog years.
RBS Launches BlackBerry PlayBook AppApril 19, 2011With this app, RBS's global institutional clients can obtain critical market information on the fixed income, commodity and currency markets.
HSBC, BNP Paribas, Nomura, RBS among victims of Madoff fraudDecember 15, 2008HSBC, BNP Paribas and Royal Bank of Scotland (RBS) are among the global finance giants who invested in funds managed by Bernard Madoff and are now counting their losses.
