Royal Bank of Scotland - updates

Rappler's latest stories on Royal Bank of Scotland

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Swiss regulators fine banks over forex rigging 'cartels'

Jun 06, 2019 - 9:10 PM

Barclays, Citigroup, JPMorgan, MUFG Bank, and Royal Bank of Scotland are hit with fines totaling around $90 million

A logo is picture above a branch of Barclays bank in central London on July 25, 2018. (Photo by Daniel LEAL-OLIVAS / AFP)

7 banks to pay $324M to settle suit alleging interest rate manipulation

May 05, 2016 - 12:35 AM

The banks are accused of conspiring to set the daily benchmark rate for interest rate exchange contracts

epa02913523 (FILE) A file photo dated 22 April 2008 showing a view of a Bank of America branch in New York, New York, USA. Bank of America Corporation reported 12 September 2011 it would slash some 30,000 jobs within the coming years. The move is part of a strategy to cut costs and comes after a reorganization of the bank's management last week. Bank of America hopes to be able to save some five billion USD per year. EPA/JUSTIN LANE

US, Britain fine 6 top banks nearly $6B for forex, Libor abuses

May 20, 2015 - 4:58 PM

UPDATED US UK regulators say forex traders from the banks had met in online chatroom groups to set rates that cheated customers while adding to their own profits

FOREX RATES. Pedestrians are reflected on a window of a bank as it displays the foreign exchange rates in New York on February 5, 2015. Jewel Samad/AFP