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UK: Barclays, RBS and other banks face £1B forex rigging suit

Barclays, Royal Bank of Scotland, and three other banks are being sued by investors for at least £1 billion (US$1.2 billion) over rigging of...

Switzerland: Regulator fines banks for fixing forex trading

Five banks have been fined a total of 90 million Swiss francs (US$90.9 million) for colluding to rig the foreign exchange market, Switzerland’s competition...

EU: RBS one of eight banks in bond cartel probe

Royal Bank of Scotland is one of eight banks being probed by European authorities for its possible role in a euro bond trading cartel,...

Saudi Arabia: HSBC, RBS Saudi ventures in talks to form $78Bn...

A combination of the Saudi Arabian ventures of HSBC and Royal Bank of Scotland will break an almost 20-year drought for mergers and acquisitions...

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