WikiLeaks: RBS Board Accused Of 'Failures'

14 December 2010 10:05

...never questioned the purchase of Dutch bank ABN Amro - a transaction which occurred "at the height of the crisis and without RBS doing proper due diligence". This amounted to a "failure of their fiduciary responsibilities", Sir Philip is said to have claimed,...

Full article

Latest News

Recent News

  • Ex-RBS Boss Sir Fred Goodwin Escapes Sanctions

    2 December 2010 11:29

    ...controversial former head of Royal Bank of Scotland of any wrongdoing over the near-collapse of the bank. Sir Fred Goodwin headed RBS for eight years until his resignation in 2009 After an 18-month long investigation into RBS , the Financial Services Authority...

    Full article

    Recent News
    Sky News
  • Markets Cautious About Ireland's Bailout

    29 November 2010 10:21

    ...Portuguese yields have decreased but remain over 7%. UK banks tied to the Irish market emjoyed an early share surge: Royal Bank of Scotland (RBS) shares were up almost 4% upon market opening however that growth now stands at only 0.6%. Lloyds TSB had seen...

    Full article

    Recent News
    Sky News
  • Accounting Charges Wipe Out RBS Profits

    5 November 2010 10:40

    ...Sky's City editor Mark Kleinman said: "It's not often you can say a £1.4bn loss is an improvement. "But in the case of RBS, this figure does show signs the bank is making progress in its restructuring programme." He noted the numbers had been "skewed" by the...

    Full article

    Recent News
    Sky News

Other Related News