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RBS

RBS to pay $44 million to settle U.S. charges it defrauded customers

RBS to pay $44 million to settle U.S. charges it defrauded customers
By Jonathan Stempel(Reuters) - Royal Bank of Scotland Group Plc (RBS.L) agreed to pay more than $44 million and enter a non-prosecution agreement to settle a U.S. Department of Justice criminal probe of traders accused of defrauding customers on bond ...

World's biggest banks face £264bn bill for poor conduct

World's biggest banks face £264bn bill for poor conduct
By Jill TreanorCosts for 20 financial institutions for the five years to 2016 are higher than in the previous period, with RBS and Lloyds in top fiveFines, legal bills and the cost of compensating mistreated customers reached £264bn for 20 of the world’s ...

Fred Goodwin 'to appear as defendant in £700m High Court lawsuit brought against ...

Fred Goodwin 'to appear as defendant in £700m High Court lawsuit brought against RBS'
By Philip Gates Three other former Royal Bank of Scotland directors due to be cross examined in case next month that will take in the events of 2008 that led to the bank taking a £45.5bn bailout from the UK Government Disgraced former Royal Bank ...

RBS reports first quarterly profit since 2015 as it tries to turn corner

RBS reports first quarterly profit since 2015 as it tries to turn corner
By Jill Treanor Taxpayer-owned bank beats forecast with £259m profit, boosted by declining costs for pre-crisis scandals  Royal Bank of Scotland has reported its first quarterly profit since 2015, as its management hopes it has started ...

RBS answering regulator questions about Russia money laundering claims

RBS answering regulator questions about Russia money laundering claims
Royal Bank of Scotland (RBS.L) said on Monday the Financial Conduct Authority (FCA) and other regulators have requested information about allegations the lender was involved in a global money laundering scheme. RBS said in a statement that it has responded to...

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