All Posts Tagged With: "RBS"
The lawsuits keep coming for the largest banks. Citigroup (NYSE: C), and Royal Bank of Scotland (NYSE: RBS) are facing new separate lawsuits, accused of fraud in the sale of a total of $845 million in mortgage securities. DZ Bank AG sued Citigroup and RBS, while HSH Nordbank AG sued UBS and RBS, according to [...]
The world’s largest bank, Hongkong and Shanghai Banking Corporation (HSBC) (NYSE: HBC) has decided to scrap its plan to buy the retail and commercial banking businesses of Royal Bank of Scotland in India, after negotiating for almost two-and-a-half years. The firms set a long stop date of November 30 2012 to reach an agreement on [...]