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Business 19 Sep 2013 | 12:00 AM

Investors consider suing Royal Bank of Scotland over share offer

LONDON: Four of Britain’s largest institutional investors are part of a group considering suing state-owned Royal Bank of Scotland over a share offer under disgraced former chief executive Fred Goodwin.

Banking 18 Apr 2013 | 12:00 AM

Once a mistake is made, the bank or someone in the bank has to take responsibility

SALARIES, bonuses and now pensions in the United Kingdom banking sector are all on the chopping block.

Business 04 Apr 2013 | 12:00 AM

RBS faces $6 billion investor action

LONDON: A group of shareholders in Royal Bank of Scotland is suing the lender and four former directors for losses they claim they incurred when the bank succumbed to a state bailout in 2008.

Business 07 Mar 2012 | 12:00 AM

Stanford guilty of bilking investors of billions

HOUSTON (Reuters) - Allen Stanford was convicted on Tuesday of running a $7 billion Ponzi scheme, a verdict that caps a riches-to-rags trajectory for the former Texas financier and Caribbean playboy.

Business 03 Feb 2012 | 12:00 AM

Removal of ex-RBS boss title sparks concern

LONDON: The decision to strip the former Royal Bank of Scotland (RBS) boss of his knighthood marks a new high in “banker bashing” sparked by the financial crisis, and left business figures asking if it had gone too far.

Business 05 Jun 2010 | 12:00 AM

How to be a wiser investor

Review by ERROL OH

Business 21 Feb 2009 | 12:00 AM

Regulators take over bank owned by Stanford

ST. JOHN'S, Antigua (AP) - Regulators in the Caribbean took over Antiguan banks owned by Texas financier R. Allen Stanford on Friday, hoping to contain damage to the local economy as U.S. investigators explore an alleged fraud scheme involving billions of dollars.

Business 19 Feb 2009 | 12:00 AM

Billionaire Stanford charged with fraud

Texas billionaire Allen Stanford and three of his companies were charged with 'massive' fraud on Tuesday as federal agents swooped on his US headquarters.

Business 23 Jan 2006 | 12:00 AM

Greenspan as pop culture phenomenon

Retiring Federal Reserve Chairman Alan Greenspan has penetrated pop culture like no other economist. Some samples of the Greenspan craze: