Co-CEO Anshu Jain of Deutsche Bank said investigations of wrongdoing further eroding public trust in financial markets.
Tags: Royal Bank of Scotland
Royal Bank of Scotland to pay SEC USD153.7 M
The Royal Bank of Scotland entered into a settlement with the Securities and Exchange Commission amounting to USD153.7 million.
RBS to create USD61 billion "bad bank" to speed return of taxpayer money
Royal Bank of Scotland revealed its company strategies on Friday to return over GBP45 billion it received from the British government as bailout money.
Report recommends debt shelter instead of bank break up for RBS
In a recommendatory report, Rothschild said it would be best to have the bank's bad debts placed in an internal bad bank instead of breaking up the bank.
Chancellor Osborne to decide on to retain or break up RBS
Chancellor of the Exchequer George Osborne is planning whether toxic assets of RBS would be put into a bad bank.
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The Royal Bank of Scotland Group could face more lawsuits stemming from the share offering it conducted in 2008 that caused investors to lose money.
Britain announced that it would sell its stake in Lloyds Banking Group priced at least GBP0.50 a share.
Royal Bank of Scotland's former trader Sharlina Tsang was sentenced to 50 months of imprisonment in Hong Kong after she had pleaded guilty for fraud.
According to the Royal Bank of Scotland, approximately USD50 billion collateralized loan obligations could be refinanced in the next two years.
W&G Investments PLC planned to offer Royal Bank of Scotland GBP1.5 billion for more than three hundred of its branches.
Company filings revealed that W&G Investments will be offering a share sale tomorrow as part of its due diligence requirement for its planned bid of RBS branches.
Ross McEwan, the new CEO for the Royal Bank of Scotland, was tasked to start selling bank stake once he comes to office in October.
The Royal Bank of Scotland announced their intention to sell their Australian Schools Portfolio. The Royal Bank of Scotland PLC announced that they are seeking a buyer for a unit that manages and maintains 11 schools in the Victoria state of Australia.
Shuanghui International's US$4.7 billion bid for Smithfield Foods raised an additional US$5 billion from international banks.
