HSBC faces €31.7m penalty after EU court decision
HSBC has lost its challenge against a 31.7 million euro ($33.4 million) fine imposed by the European Union (EU) for…
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RBS
RBS racks up ninth straight year of losses
Royal Bank of Scotland (RBS), one of the U.K.'s "big four" banks, reported its ninth consecutive year of losses in…
Royal Bank of Scotland writes off $4bn for US mortgage mis-selling cases
Royal Bank of Scotland has taken a 3.1 billion pound ($3.92 billion) provision as it is set to settle claims in the…
European stocks fall on US election uncertainty
European stocks were lower during morning trade Wednesday as doubts over the U.S. election outcome intensified and…
UK government sells 5.4% stake in RBS
The U.K. government said Tuesday it had sold a 5.4% stake in Royal Bank of Scotland Group PLC, raising GBP2.08…
Two Major Banks Plan London Move If Scotland Votes to Break up UK
Two major British banks, part-owned by the British government, said they would relocate to London if Scotland votes…
HSBC Said to Reject Euribor Probe Deal as EU Readies Fine
HSBC Holdings Plc (HSBA) dropped out of talks to settle a European Union antitrust probe into rigging of Euribor…
U.K. Stocks Rebound From One-Month Low
U.K. stocks rebounded from a one-month low on Tuesday, with banks in the driver’s seat, after upbeat construction…
EU Offers Banks Chance To Cut Fines In Rate-Fixing Probe: Sources
The European Commission wants to conclude its investigation into the fixing of lending benchmarks Euribor and Libor…
Europe Shares Up As EU Summit Looms
European stock markets were poised to break a four-day losing streak on Wednesday, as banks and drug makers inched…
