Tag: Banks

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Green & Rowley v Royal Bank of Scotland plc [2012] EWHC 3661 (QB)

UPDATE: LEGAL COMMENT  Case No: 2MA40004 Neutral Citation Number: [2012] EWHC 3661 (QB)  IN THE HIGH COURT OF JUSTICE MANCHESTER DISTRICT REGISTRY MERCANTILE COURT Date: 21 December 2012  B…

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BBA Announcement on Major Banks’ Swaps Payment Suspension Policy

The British Bankers’ Association (the “BBA”), a trade association for the UK banking and financial services sector, has announced a policy for ‘Major Banks’ which suggests such banks will consider…

Clydesdale and Yorkshire Banks’ Tailored Business Loans – Terms of ‘Swaps Mis-selling’ Review

Information relating to Clydesdale and Yorkshire Banks Review of Interest Rate Hedging Products (12 October 2012) PDF DOWNLOAD IntroductionA. The ReviewB. The products that we have agreed to…

The Manipulation of LIBOR by the Banks and the Impact on Interest Rate Swap Mis-selling Claims

The Financial Services Authority (FSA) have issued a press release indicating that Barclays Bank has been fined for the manipulation of global benchmark interest rates LIBOR and EURIBOR.…