12/27/2016
“For the measures planned by the Italian government the bank has to be financially healthy at its core. The money cannot be used to cover losses that are already expected,” he told the German newspaper Bild.
12/27/2016
RBS was also hit with another mis-selling settlement in the US and has been weighed down by fears over the potentially mammoth cost of outstanding claims in America.
12/27/2016
The bank’s international push for growth has led to other problems, most notably a criminal investigation in the United States into allegations that the bank helped US citizens evade taxes.
12/26/2016
By DARREN HUNT PUBLISHED: 10:00, Sun, Dec 25, 2016 | UPDATED: 11:14, Sun, Dec 25, 2016 10 98 While Theresa May has vowed to trigger Article 50 – the formal process which begins Britain's exit from the EU – by April, 2017, ex
12/23/2016
The settlement marked the first in a possible string of mortgage-related resolutions or lawsuits by the DoJ for European banks.
12/23/2016
Directive on countering money laundering by criminal law
12/23/2016
As one of the Swiss financial institutions that had not committed any offenses under U.S. tax law.
12/23/2016
The detailed allegations in the complaint describe Barclays’, Menefee’s, and Carroll’s misconduct in connection with RMBS securitizations Barclays underwrote between 2005 and 2007.
12/23/2016
The appointment of Mr van Dijkhuizen was announced on 8 November 2016.
12/23/2016
Eligible clients could include anyone working with a European or multinational company whose securities trade on U.S. exchanges, as well as American companies that do business in Europe.
12/22/2016
Council of the EU statement on Brexit
12/22/2016
Economy Minister Luis de Guindos told reporters on Wednesday the country's financial system was healthy and could deal with the consequences of the ruling.
12/22/2016
It particularly stresses the importance of the English courts remaining a hub for global businesses seeking to resolve international commercial disputes and of reasserting the value of choosing English law in commercial contracts.
12/22/2016
COMCO’s decision can be appealed to the Federal Administrative Court
12/22/2016
We dispute the claims and will be defending ourselves in court.
12/21/2016
The bank's CEO received a suspended jail sentence of one year and a fine of 375,000 euros
12/21/2016
The Frankfurt-based institution has been sued repeatedly over its bond-buying programmes and by smaller banks seeking to escape its supervision.
12/21/2016
EBA recommends a harmonised EU-wide framework for covered bonds
12/21/2016
There was a culture where the manipulation of the Libor setting process was pervasive
12/21/2016
Britain's 26 billion pounds legal sector could be at 'risk' if the government fails to secure guarantees following Brexit.