Search results for ‘Royal Bank of Scotland’
173 items found
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Bankers should be jailed for misconduct says commission
Senior bankers should be jailed for reckless misconduct, a keenly-awaited parliamentary commission into the collapse of the banking system recommends.
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Co-op unveils £1.5bn rescue plan for bank
A rescue plan for the Co-operative’s troubled banking arm is unveiled in a bid to plug a £1.5bn hole in its balance sheet.
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Post Office banks on current accounts
Will the Post Office’s plans to launch current accounts bring more competition to high street banking?
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Bank staff ‘under pressure’ to mis-sell
Banks are still pressurising staff to sell products which may be unsuitable for customers, despite a number of mis-selling scandals, research from consumer group Which? finds.
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Warning over threat to basic bank accounts
No-frills accounts set up to help vulnerable and low-income customers could be threatened by banks cutting back on the services offered through them, a report claims.
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Commission to tear apart banking ‘greed culture’
The fate of British bankers is in the hands of 10 people tasked with reforming a culture of recklessness and crime. Meet the banking standards commission, who will tame the masters of the universe.
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Bank chief denies leaning on Barclays to lower rates
As Bank of England Deputy Governor Paul Tucker appears in front of MPs, the bank releases emails that shed more light on the Barclays rate-fixing scandal.
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Bank rate review after Barclays scandal
Ministers order an urgent review of the Libor bank rate after it emerged Barclays had tried to manipulate it. But Labour’s Ed Miliband calls for a full-scale independent inquiry into banking culture.
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Banks admit to more mis-selling
Barclays, HSBC, Lloyds and Royal Bank of Scotland agree to compensate thousands of business customers after the Financial Services Authority finds they mis-sold specialist insurance on loans.
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Moody’s downgrade hits 15 top banks
Fears rise of increased borrowings costs after Moody’s downgrades 15 financial institutions including Royal Bank of Scotland, Barclays and HSBC.
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Markets react to Spanish bank concerns
The FTSE 100 index opens 44 points down after Moody’s cuts the credit ratings of 16 Spanish lenders, including the UK arm of Banco Santander.
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Concerns grow over future of Spanish bank
The Spanish government denies that customers have withdrawn one billion euros from their accounts after shares in Spanish bank Bankia fall 25 per cent on Thursday as worries mount over its future.
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Bank failed over credit crunch says King
Sir Mervyn King has urged the Government not to delay reforming the financial sector and admitted more should have been done to avert the banking crisis.
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Clydesdale and Yorkshire banks axe 1,400 jobs
The Clydesdale and Yorkshire banks are to cut more than 1,400 jobs in the UK by 2015 because of the “deterioration in the economic and operating conditions”.
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Business secretary Cable launches new attack on banks
Banks are “imperilling” Britain’s economic recovery by trapping thousands of firms in a “valley of death”, says Business Secretary Vince Cable.