Showing 1 - 3 of 3
RBS fined $612m for Libor violations
AFP, Published on 07/02/2013
» LONDON - State-rescued Royal Bank of Scotland will pay fines totalling $612 million (453 million euros) to US and British regulators to settle allegations of Libor interest rate rigging, it announced on Wednesday.
RBS profits fall 22%
Published on 03/08/2012
» Royal Bank of Scotland Group Plc, Britain’s biggest taxpayer-owned lender, said its profit fell 22% in the second quarter as revenue from its markets unit slipped amid the worsening European sovereign debt crisis.
Top banks downgraded
Published on 22/06/2012
» WASHINGTON - The health of 15 of the world's largest financial institutions has been called into serious question after Moody's downgraded their credit ratings, citing risk exposure and the eurozone crisis.