Green & Rowley v RBS considered by Court of Appeal
Swaps Mis-selling case, Green and Rowley v RBS, is today being heard in the Court of Appeal. The appeal from the Queen’s Bench Division (Commercial) is being heard…
Swaps Mis-selling case, Green and Rowley v RBS, is today being heard in the Court of Appeal. The appeal from the Queen’s Bench Division (Commercial) is being heard…
We advise many businesses who have been mis-sold over the counter derivatives by banks such as RBS, Barclays, Lloyds, HSBC, Clydesdale and many others. We entirely understand the…
We outline the dangers to small business customers of recorded interviews in what is commonly known as the “FCA/FSA Review” of sales of derivatives (eg interest rate swaps…
The Parliamentary Commission on Banking Standards today publishes its Final Report – ‘Changing banking for good’. It outlines the radical reform required to improve standards across the banking…
The Royal Bank of Scotland have today announced their 2012 results. These show an operating loss of £5.2 billion with a total loss for 2012 of £5.8 billion. They…
The Financial Services Authority’s announcement on the swaps mis-selling pilot reviews (31 January 2013) brought in a refinement of the 29 June 2012 announced test of sophistication. That test…
The FSA has today published a long-awaited press release setting out the findings of their ‘pilot scheme’ in relation to the mis-selling of complex interest rate derivatives to…
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.…