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4 Aug 2014, 7:38 am
On July 28, the Bank of England published a statement on Financial Conduct Authority enforcement action against Lloyds Bank PLC and Bank of Scotland PLC. [read post]
28 Sep 2016, 12:39 pm
The US National Credit Union Administration (NCUA) [official website] said [press release] Wednesday that the Royal Bank of Scotland Group (RBS) [corporate website] will pay $1.1 billion after it allegedly solid toxic mortgaged-backed securities. [read post]
26 Mar 2014, 12:23 pm
Heritable Bank plc (“Heritable“), a bank incorporated in Scotland, is its wholly owned subsidiary. [read post]
25 Apr 2011, 11:25 am
Jennifer Hill, a top executive at the Royal Bank of Scotland and a former Goldman Sachs managing director, will become the chief financial officer for Bank of America Merrill Lynch's investment bank [read post]
14 Aug 2018, 11:19 am
The penalty is the largest imposed by the Justice […] The post The Royal Bank of Scotland Agrees to Pay for Financial Crisis-Era Misconduct appeared first on Mortgage Fraud Blog. [read post]
4 Aug 2008, 9:55 am
Platform Funding Ltd v Bank of Scotland plc (formerly Halifax plc) [2008] EWCA Civ 930; [2008] WLR (D) 283 “A surveyor, instructed by a mortgage lender to value the property offered by the borrower as security for a loan, who certified that the property had been inspected and a fair valuation given, was liable in damages to the mortgage lender for losses suffered as a result of having valued the wrong property in breach of an unqualified obligation to inspect the… [read post]
19 Dec 2012, 11:04 pm
Dubai partner Anthony Pallett, who led the Latham team, said: “We are delighted to have contributed to this important project, working alongside the committed and talented lawyers at Equality Now and the Royal Bank of Scotland. [read post]
2 Sep 2010, 5:08 am
Royal Bank of Scotland said Thursday that it would cut 3,500 jobs and close sites in England over the coming year. [read post]
16 Jul 2012, 6:43 pm
Even as lawmakers in London hammered a top Barclays executive over the bank's role in a rate-rigging scandal, the Royal Bank of Scotland, which is largely owned by the British government, is fighting an investigation into the vast scheme. [read post]
2 Mar 2012, 6:11 am
On Friday, Barclays announced that it had borrowed $10.9 billion from the European Central Bank, as Lloyds, HSBC and the Royal Bank of Scotland made similar moves. [read post]
3 Apr 2009, 4:40 am
The chairman of Royal Bank of Scotland on Friday called for an end to the "public flogging" of the embattled bank as executives prepared to face angry investors at the annual shareholders meeting. [read post]
16 Aug 2012, 12:57 pm
The other banks are Deutsche Bank, Royal Bank of Scotland, HSBC, Citigroup, and UBS. [read post]
25 Feb 2014, 1:02 pm
On February 14, the Royal Bank of Scotland and a plaintiff class, led by New Jersey Carpenters Health Fund and the Boilermaker Blacksmith Pension trust, reported to the court that the parties had reached a settlement in principle in an RMBS case in the United States District Court for the Southern District of New York. [read post]
23 Jun 2011, 9:57 am
Nick Clegg, the deputy prime minister of Britain, has proposed giving away shares of the state-owned banks -- Royal Bank of Scotland and Lloyds Banking Group -- to the British people. [read post]
10 May 2010, 1:29 pm
The Justice Department said Monday that the Dutch bank ABN Amro, which is now part of Royal Bank of Scotland, had agreed to forfeit $500 million for helping move illegal funds through the American financial system. [read post]
19 Jan 2009, 5:54 am
The British government on Monday announced a new financial rescue plan that increases its control over lenders, and said it was revising the terms of its bailout of Royal Bank of Scotland. [read post]
23 Feb 2012, 3:49 pm
Exposure to Greek debt and other damaged assets resulted in quarterly losses at Royal Bank of Scotland, Crédit Agricole and Dexia. [read post]
17 Jul 2017, 2:04 pm
The Royal Bank of Scotland Group plc et al., Case No. 3:11-cv-1383, in the United States District Court for the District of Connecticut. [read post]
22 Jan 2014, 3:36 am
rankChangesMost Changed Lender114Lloyds TSB Bank plc-C&G branded roll numbers pre-fixed 20/40214Lloyds TSB Bank plc-C&G accounts beginning 500000312Halifax411Bank of Scotland Beginning A511The Mortgage Business610Nationwide Building Society710The Mortgage Works810Lloyds TSB Scotland plc910Bank of Scotland Beginning O1010Halifax Loans Ltd119Birmingham Midshires129The Royal Bank of Scotland plc Virgin One139The Royal Bank… [read post]
17 Aug 2015, 12:31 pm
On August 10, 2015, the Fifth Circuit revived a securities fraud suit brought by the Federal Deposit Insurance Corporation (“FDIC”) as receiver for Guaranty Bank against Goldman Sachs & Co., Deutsche Bank AG, and the Royal Bank of Scotland PLC. [read post]
