By Jaclyn Jaeger2018-05-14T12:30:00
The Royal Bank of Scotland Group announced that it has reached a tentative settlement of US$4.9 billion (£3.6 billion) with the U.S. Department of Justice concerning the sale of toxic residential mortgage-backed securities between 2005 and 2007.
You are not logged in and do not have access to members-only content.
If you are already a registered user or a member, SIGN IN now.
2018-08-09T14:00:00Z By CW Staff
The Royal Bank of Scotland has appointed Bruce Fletcher as its new group chief risk officer, subject to final regulatory approval.
2026-03-02T13:05:00Z By Ruth Prickett
Crédit Agricole and J.P. Morgan were among financial institutions that found themselves in the cross-hairs of the European Central Bank for faulty risk assessments and risk reporting and failing to protect consumers from fraud risks. All of those companies fined also missed compliance deadlines.
2026-02-18T22:02:00Z By Ruth Prickett
A new U.K. Consumer Composite Investments regime comes into force on April 6 and will apply to all firms that manufacture or distribute CCI products to retail investors in the U.K. This includes some firms that are not regulated by the Financial Conduct Authority.
Site powered by Webvision Cloud