How City banks and brokers stitched up local authorities with LOBO loans
By Rob Carver (guest blog) First we had PPI. Then Libor. Then the misselling of interest rate swaps to SMEs. […]
Swaps film: how banks ran rings around SMEs
This short film uses extracts from a telephone call between a bank salesman and one of its business customers to illustrate how a bank, thought
On the trail of Fred the Shred
Ian Fraser’s new book, Shredded: Inside RBS: the Bank that Broke Britain, has been acclaimed as the definitive account of
Lloyds sues RBS for £420m over ‘misleading’ rights issue
In an unprecedented clash between two of the UK’s biggest banks, Lloyds Banking Group is suing government owned Royal Bank
RBS forced to recognise it’s not above the law after losing software dispute
Royal Bank of Scotland again discovers it’s not above the law. On Friday, a U.S. judge ordered the Edinburgh-based Royal
Thousands of RBS staff line up to sue their employer
A third of the 12,000 plus individuals who have signed up to sue the Royal Bank of Scotland over its
BBC South investigates: Lloyds Banking Group hopes if it stonewalls long enough, customers fleeced by Bank of Scotland will give up
Here is Nick Wallis and Laura Ansell’s investigative documentary for BBC South about Lloyds Banking Group’s shocking treatment of customers
RBS accused of diversion over malpractice report
Bank accused of misdirecting attention from lawyer’s true findings. By Ian Fraser RBS has been accused of using diversionary tactics
Deadline looms for investors wishing to join action against RBS Group
Investors wishing to join the class action lawsuits against the Royal Bank of Scotland over its “misleading” April-June 2008 rights
A legend in his own lifetime. Martin Gilbert profile
Martin Gilbert is one of the corporate world’s great survivors. Between 2002 and 2004, the 58-year-old lived through a crisis that
How savvy Brewdog avoided selling its soul: Crowdfunding part one
When independent Scottish brewery Brewdog, broke UK records by raising £4.25 million through a crowdfunding exercise last December, the company’s
Key funder of RBS claimant group has stock market listing suspended
Investors who are suing the Royal Bank of Scotland over its “misleading” £12.3 billion rights issue have suffered a setback
St. Antony’ halo slips over Barclays bonuses and job losses
Most bank chief executives, when describing the need to rebuild their institutions, restore profitability and regain people’s trust in the
£1 billion plan to double output of Scotland’s ‘Hollow Mountain’
Up to 1000 jobs could be created as part of a £1 billion plan to double the amount of electricity
Chuka Umunna: PWC’s useful idiot?
I’ve long wondered how committed the Labour shadow business secretary and MP for Streatham Chuka Umunna really is to UK
Former top execs to give evidence against RBS in High Court trial
The investor group that is suing Royal Bank of Scotland in the High Court in London has recruited five former
EADS chief executive Robin Southwell drawn into a hornet’s nest
In June and August 2010, I reported on the business relationship between the EADS (UK) chief executive Robin Southwell (pictured
Jon Snow: ‘If RBS bosses didn’t know what was going on, they should be fired and prosecuted’
Here is the Channel 4 News report on the behaviour of RBS and its global restructuring group from Monday 25 November —
The Business Herald 2013 Review – Professional Services
Two of the biggest developments in Scottish professional services in the past year came when global firms set up large
Ulster Bank whistleblower: ‘It was simply outrageous what went on’
A former insider at Royal Bank of Scotland’s Irish subsidiary, Ulster Bank, has shed further light on the alleged systematic
Jenkins: Three outrageous myths bankers have used to kill reform
Robert Jenkins, a founding external member of the Bank of England’s financial policy committee, says that bankers have successfully convinced