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RBS Faces Libor Scrutiny Fro...
The Royal Bank of Scotland faces intensified scrutiny from Canada’s Competition Bureau over its involvement in the Libor scandal. The bank is one of several that may have been involved in a scandal...
RBS Cuts 1,400 Jobs, HSBC Co...
Edinburgh-based Royal Bank of Scotland plans to axe over 1,400 jobs during its next round of layoffs. The troubled financial services firm is currently 81 percent owned by taxpayers after it was baile...
Mortgage rates on the rise...
On top of already declining numbers of home sales, two of the UK’s leading mortgage lenders are announcing a rise in the cap on their Standard Variable Rates which may make homeownership even more p...
Chancellor backs Vickers’...
It has come as no surprise to financial experts that Chancellor George Osborne has given his backing to parts of both the Vickers’ banking report as well as to suggestions in the Independent Commiss...