function dap(pg, width, height) { var randomId = "dapAd" + Math.floor(Math.random() * 10000000000); document.write("
"); dapMgr.enableACB(randomId, false); dapMgr.renderAd(randomId, pg, width, height); }
Skip navigation

Philadelphia latest U.S. city to sue big banks in Libor scandal

(Reuters) - The city of Philadelphia is the latest of a series of U.S. municipalities, following Houston a week ago, to sue some of the world's biggest banks for financial losses incurred in the Libor interest-rate rigging scandal. Full story

BlackRock says executive rejected RBS approach

(Reuters) - BlackRock Inc <BLK.N> said its head of Asia Pacific operations, Mark McCombe, spurned an approach regarding the role of chief executive at Royal Bank of Scotland <RBS.L> and will remain with the world's largest fund manager. Full story

RBS fined for reporting flaws worsened by ABN Amro deal

LONDON (Reuters) - Britain's Financial Conduct Authority has fined Royal Bank of Scotland 5.6 million pounds ($8.6 million) for failing to report transactions the watchdog needs to help it spot market abuses. Full story

Regulators fine RBS 5.6 million pounds

British regulators have fined the Royal Bank of Scotland 5.6 million pounds ($8.6 million) for incorrectly reporting nearly 45 million transactions it made on financial markets. Full story

BlackRock says executive turned down RBS offer

(Reuters) - BlackRock Inc <BLK.N> said its head of Asia Pacific operations, Mark McCombe, has rejected an offer to take the top job at Royal Bank of Scotland Group Plc <RBS.L> and will remain with the world's largest fund manager. Full story

UK fraud prosecutor charges two brokers in Libor probe

LONDON (Reuters) - Britain's fraud prosecutor on Monday charged two former brokers at interdealer broker RP Martin with conspiracy to defraud, stepping up its investigation into the rigging of Libor benchmark interest rates. Full story

Sponsored Links

Articles

UK appoints BlackRock as advisor on RBS review

Moody's places RBS ratings on review for downgrade

Moody's places UK bank RBS's debt ratings under review

UK appoints Rothschild to advise on possible RBS break-up

RBS commissions review of small business lending

Rothschild to advise on potential RBS split: FT

UK asks banks to tender for role in Lloyds, RBS sales

Direct Line to axe 2,000 jobs in sluggish insurance market

UC Regents, San Diego governments launch LIBOR lawsuit

Britain faces major obstacles to RBS break-up plan

Related Photos

A Royal Bank of Scotland flag flies over a building in the City of London
A Royal Bank of Scotland flag flies over a building in the City of London

A Royal Bank of Scotland flag flies over a building in the City of London November 2, 2009. REUTERS/Andrew Winning

Pedestrians walk past a Royal Bank of Scotland building in central London
Pedestrians walk past a Royal Bank of Scotland building in central London

Pedestrians walk past a Royal Bank of Scotland building in central London February 28, 2013. REUTERS/Neil Hall

Pedestrians walk past a Royal Bank of Scotland branch in the City of London
Pedestrians walk past a Royal Bank of Scotland branch in the City of London

Pedestrians walk past a Royal Bank of Scotland branch in the City of London March 6, 2013. REUTERS/Toby Melville

RBC President and CEO Nixon speaks to CFO Fukakusa after a news conference following its AGM in Calgary
RBC President and CEO Nixon speaks to CFO Fukakusa after a news conference following its AGM in Calgary

Royal Bank of Canada President and CEO Gordon Nixon speaks to Chief Financial Officer Janice Fukakusa after a news conference following the bank's Annual General Meeting in Calgary, Alberta February 28, 2013. REUTERS/Mike Sturk

A file photo shows Royal Bank of Scotland (RBS) Chief Executive Stephen Hester speaking to media as he leaves after appearing at a Treasury Select Committee hearing at Parliament in London
A file photo shows Royal Bank of Scotland (RBS) Chief Executive Stephen Hester speaking to media as he leaves after appearing at a Treasury Select Committee hearing at Parliament in London

A file photo shows Royal Bank of Scotland Chief Executive Stephen Hester speaking to media as he leaves after appearing at a Treasury Select Committee hearing at Parliament in London June 8, 2011. State-backed Royal Bank of Scotland said Stephen Hester will step down as chief executive later this y

Royal Bank of Scotland (RBS) chief executive Stephen Hester leaves their annual general meeting at their headquarters in Edinburgh
Royal Bank of Scotland (RBS) chief executive Stephen Hester leaves their annual general meeting at their headquarters in Edinburgh

Royal Bank of Scotland chief executive Stephen Hester leaves their annual general meeting at their headquarters in Edinburgh, Scotland April 19, 2011. REUTERS/David Moir