Andrew Tyrie: 'Bank Juggernauts Have Yet To Clean Up Their Act'

The Huffington Post UK | Asa Bennett | Posted 25.01.2014 | UK Politics

Big banks have yet to start cleaning up their act following a string of mis-selling scandals and controversies like the fixing of Libor lending rates,...

RBS To Pay £61 Million To In Fines To US For Breaking Sanctions

PA/Huffington Post UK | Posted 23.01.2014 | UK

Royal Bank of Scotland has agreed to pay 100 million US dollars (£61 million) in fines to settle sanctions-busting allegations with American authorit...

RBS Finance Director Quits After Just Three Months

PA/Huffington Post UK | Posted 25.01.2014 | UK

The Royal Bank of Scotland's group finance director is to resign less than three months after taking the role, it has been confirmed. Nathan Bostock, ...

RBS And NatWest In 'Cyber Monday' Payment Cards Meltdown

The Huffington Post/PA | Posted 23.01.2014 | UK

A banking glitch on one of the busiest online shopping days of the year left millions of shoppers unable to pay for transactions using their credit or...

Do RBS Bankers Deserve £500m In Bonuses This Year?

The Huffington Post UK | Asa Bennett | Posted 23.01.2014 | UK

Royal Bank of Scotland bankers are set to rake in £500m in bonuses this year, despite the state-backed bank suffering a series of scandals like alleg...

Banking Reform - Don't Hold Your Breath

Pippa Bartolotti | Posted 26.01.2014 | UK Politics
Pippa Bartolotti

Banking practices have gone from shoddy to downright cruel. There is no compensation which can bring back the living thing which is a business. Nothing can take away the agony and the pain of knowing just how badly you have been treated, just how wrongly you have been judged.

Have The Energy Giants Got As Bad As 'Fred The Shred'?

The Huffington Post UK | Asa Bennett | Posted 12.11.2013 | UK Politics

Energy giants are facing a crisis of trust that could leave them as publicly disgraced as the banking industry was after Fred Goodwin's mismanagement ...

Being Paid Just £4m A Year Is UNFAIR, Says RBS Banker

The Huffington Post UK | Asa Bennett | Posted 12.11.2013 | UK

Royal Bank of Scotland chairman Sir Philip Hampton has told how he felt like he was having an "out of body experience' when he had to listen to a bank...

Mehdi's Morning Memo: Dave's Austerity Admission

Huffington Post | Mehdi Hasan | Posted 12.11.2013 | UK Politics

The five things you need to know on Tuesday 12 November 2013... 1) DAVE'S AUSTERITY ADMISSION Remember how 'compassionate Conservative' Dave use...

Why Could Bankers Be Banned From Online Chat Rooms?

The Huffington Post UK | Asa Bennett | Posted 11.11.2013 | UK

Big banks like the Royal Bank of Scotland, Barclays and JP Morgan could ban their traders from online chat rooms in order to limit any risk of collusi...

Royal Bank Of Scotland Avoids Osborne's Chopper

The Huffington Post UK | Asa Bennett | Posted 01.11.2013 | UK

George Osborne will not be splitting apart the Royal Bank of Scotland, as it will instead create an internal "bad bank" of £38 billion of problem ass...

What Is Barclays Being Probed About NOW?

The Huffington Post UK | Asa Bennett | Posted 30.10.2013 | UK

Barclays revealed it had been pulled into a worldwide investigation into alleged manipulation of the £3 trillion-a-day foreign exchange market as it ...

Why Are Banks Under Investigation AGAIN?

The Huffington Post UK | Asa Bennett | Posted 17.10.2013 | UK

The Royal Bank of Scotland is among a number of banks under investigation by the Financial Conduct Authority over allegations of price manipulation in...

'The Big Banks' Dominance Will Finish'

The Huffington Post UK | Asa Bennett | Posted 04.10.2013 | UK Politics

RBS, Lloyds, HSBC and Barclays will lose their "dominance" by the end of the decade due to the rise of competitive alternative banks and government re...

'Keep 1mth As Low As Possible.. He'll Suck Your Old Fella'

The Huffington Post UK | Asa Bennett | Posted 25.09.2013 | UK

City broker ICAP has been hit with a £54m fine by both American and British financial regulators as three of its former employees have been charged o...

Bank Complaints Soar To Record High

PA/The Huffington Post UK | Posted 03.09.2013 | UK

Banking misconduct has sparked an increase in complaints to a record high as a huge insurance mis-selling scandal continues to weigh on the industry. ...

RBS Caught Out By 'Fake Bond Trader'

Bloomberg | Asa Bennett | Posted 06.08.2013 | UK

KK Ho appeared out of nowhere last year on the Royal Bank of Scotland Group Plc’s London trading floor. He had freshly printed business cards ide...

Asa Bennett

Where Have All The British Bankers Gone?

HuffingtonPost.com | Asa Bennett | Posted 02.08.2013 | UK

The Royal Bank Of Scotland revealed today that New Zealander Ross McEwan would take over from Yorkshireman Stephen Hester as chief executive on Octob...

Kiwi Named As Head Of RBS

PA/The Huffington Post UK | Posted 01.10.2013 | UK

The Royal Bank Of Scotland has named Ross McEwan, a retail banking boss, as the successor to outgoing chief executive Stephen Hester. Mr McEwan, o...

RBS And Lloyds ‘Crucifying' Customers

The Huffington Post UK | Asa Bennett | Posted 01.08.2013 | UK Politics

Vince Cable has received a stark report from his business adviser documenting businesses that have suffered from abusive banking support from governme...

How Many Tips Have Sparked Corporate Fraud Investigations?

The Huffington Post UK | Asa Bennett | Posted 26.07.2013 | UK

Calls to the Serious Fraud Office’s whistleblower hotline have failed to lead to any official investigations. The "SFO Confidential" service rec...

‘RBS And Lloyds Must Lend Or Be Broken Up'

The Huffington Post UK | Asa Bennett | Posted 15.07.2013 | UK Politics

The government should use its stake in Lloyds Banking Group and the Royal Bank of Scotland to force them to lend more to firms, coalition adviser and ...

Business in an Independent Scotland - Too Many 'Known Unknowns'

Ann McKechin | Posted 28.08.2013 | UK Politics
Ann McKechin

The prospect of an independent Scotland has given rise to a host of tricky questions. Very little precedent exists in international law for some of the changes which would need to take place if Scotland became independent, and businesses are rightly worried about the consequences of a 'yes' vote in 2014.

Lloyds Sell-Off 'Actively Considered' By Treasury

PA | Posted 19.06.2013 | UK Politics

The Treasury is "actively considering" steps to return partially state-owned Lloyds bank to the private sector, and may offer some shares to the publi...

Banking Reform - Where Next?

Iain Anderson | Posted 19.08.2013 | UK Politics
Iain Anderson

The most immediate question, of course, is: how much of the report will be implemented? The sweeping nature of the proposals, across criminal sanctions, accountability, remuneration, competition, governance and regulation means that even doing half of it would be a serious legislative undertaking.