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  • NEWS

    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.

  • NEWS

    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.

  • BUSINESS

    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.

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