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7 Oct 2013, 8:17 am by Editorial Board
On September 25, the Second Circuit upheld dismissal of claims against defendant Royal Bank of Scotland (RBS) for alleged failure to disclose enough information about its exposure to subprime mortgages. [read post]
17 Apr 2015, 2:02 pm by Thomas Kidera
Court of Appeals for the Second Circuit affirmed the dismissal of a putative investor class action against the Royal Bank of Scotland (RBS). [read post]
2 Jun 2008, 11:48 am
The Times reports :Barclays and RBS raided by OFT in loans probeMichael Herman The Office of Fair Trading conducted a series of dawn raids at offices of Barclays and Royal Bank of Scotland (RBS) yesterday as part of an investigation into price-fixing on loans to lawyers and accountancy firms. [read post]
6 Feb 2013, 4:33 am by Legal Beagle
He has held a range of prominent posts in the commercial and financial arenas and is currently Chairman of the Weir Group, Scottish and Southern Energy, Green Investment Bank and the organising committee of the Glasgow 2014 Commonwealth Games. [read post]
27 Jan 2014, 4:45 pm
Staying abreast of any policy changes is particularly important at a time when lenders are making a significant number of changes – last year LENDERmonitor sent out over 100 email alerts.LenderChange dateClick to see Details1Barclays Bank as The Woolwich21/05/2013Details2Halifax25/01/2013Details3Santander 21/05/2013Details4Lloyds TSB Bank plc - C&G mortgages06/08/2009Details5HSBC Bank plc19/03/2013Details6Halifax31/05/2013Details7Barclays Bank as The… [read post]
23 May 2014, 6:23 am
CanadaGovernment officials 'keen' to uncover if GM broke law by delaying recalls, ReutersMan accused of killing five in Calgary's 'worst mass stabbing' found fit to stand trial, The National PostHalifax nurses who walked off job over provincial legislation suspended by employer, The Chronicle HeraldUnited StatesMore states join eBay probe, ReutersSafety regulators open probe of older Chrysler trucks, ReutersInternationalLloyds Banking Group joins class-action… [read post]
19 Jun 2008, 7:56 pm
On June 18, CNBC.com reported that the Royal Bank of Scotland had warned investors in blunt terms that the global stock and credit markets could be on the verge of a steep market sell-off just as central banks have their hands tied by soaring inflation. [read post]
7 Apr 2009, 5:31 am
Trisha McAuley, head of services at Consumer Focus Scotland, said: "The current economic situation means this problem is just going to get worse. [read post]
On 6 July 2011, the UKSC delivered its judgment in Scottish Widows plc v Commissioners for Her Majesty’s Revenue and Customs (Scotland); Scottish Widows plc No 2 v Commissioners for Her Majesty’s Revenue and Customs (Scotland); Scottish Widows plc v Commissioners for Her Majesty’s Revenue and Customs (Scotland) [2011] UKSC 32. [read post]
1 Mar 2009, 9:56 am
Corporate law has been particularly hard hit in the downturn, Mr Shaw said, because of the lack of mergers and acquisitions activity in a climate of tough bank lending criteria. [read post]
31 Aug 2015, 1:15 pm by Thomas Kidera
On August 21, 2015, Judge Alvin Thompson of the United States District Court for the District of Connecticut denied Royal Bank of Scotland Group PLC’s (“RBS”) motion for summary judgment as to claims brought by the Federal Housing Finance Agency (“FHFA”) alleging that RBS made misleading statements in connection with $32.1 billion in RMBS that it had sold between 2005 and 2008. [read post]
11 Nov 2013, 12:39 pm by Editorial Board
On November 7, Royal Bank of Scotland PLC (RBS) entered into a consent decree with the Securities and Exchange Commission (SEC) agreeing to pay $153.8 million in settlement of allegations concerning RBS’s disclosures in connection with an RMBS offering. [read post]
1 Feb 2012, 4:35 pm by Steve Bainbridge
David Zarig comments on the UK government's decision to strip former Royal Bank of Scotland CEO Frederick Goodwin of his knighthood: ... [read post]
21 Oct 2013, 2:21 pm by Editorial Board
On October 11, Royal Park Investments SA/NV sued several Royal Bank of Scotland (RBS) entities in New York state court over its purchase of $1.6 billion worth of residential mortgage-backed securities. [read post]
9 Jul 2015, 1:51 pm by Andrew Babb
The accident when the Coach USA bus was headed along Main Street and came to a yellow light at Scotland Road. [read post]
12 Jan 2018, 2:51 am by Joe Bamford and Jack Prettejohn
The Dear CFO letter is addressed to the larger UK-headquartered credit institutions (Barclays Bank, HSBC, Lloyds Banking Group, Nationwide Building Society, Royal Bank of Scotland, Santander UK and Standard Chartered Bank). [read post]
22 Apr 2008, 7:54 am
The Royal Bank of Scotland just announced a nearly $24 billion rights offering to shore up its capital base. [read post]