Tag: $RBS

forex market crypto news and updates
February 14, 2020 BY Valentina Kirilova

Daily Market News: RBS sees profits double but shares sink

Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for February 14, 2020.  On Thursday on its quarterly earnings call, Chinese technology giant Alibaba set out a multitude of ways in which its business is being impacted by the coronavirus epidemic. CEO Daniel Zhang warned that the…

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SFC fines
August 15, 2018 BY Valentina Kirilova

Royal Bank of Scotland pays $4.9 billion for financial crisis-era misconduct

The Justice Department has announced a $4.9 billion settlement with The Royal Bank of Scotland Group plc (RBS) resolving federal civil claims that RBS misled investors in the underwriting and issuing of residential mortgage-backed securities (RMBS) between 2005 and 2008. The penalty is the largest imposed by the Justice Department for financial crisis-era misconduct at…

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February 03, 2017 BY Valentina Kirilova

CFTC orders the Royal Bank of Scotland to pay $85 million for attempted manipulation of U.S. dollar ISDAFIX benchmark swap rates

The U.S. Commodity Futures Trading Commission (CFTC) issued an Order filing and settling charges against The Royal Bank of Scotland plc (RBS) for attempted manipulation of the ISDAFIX benchmark and requiring RBS to pay an $85 million civil monetary penalty. The CFTC Order finds that over a five-year period, beginning in January 2007 and continuing…

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December 08, 2015 BY Mike Fox

OpenFin to open-source its financial desktop HTML5 container technology

OpenFin, the New York and London based fast-growing financial technology provider, today announced that for the first time it is open-sourcing its market-leading HTML5 container technology for financial desktops. The development aims to promote further community collaboration as OpenFin is being used by over 20 of the world's leading banks, buy-side firms and trading platforms. OpenFin…

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