RBS braced for up to $800 million Libor fines: sources

Morning commuters rush past a branch of RBS in London

Royal Bank of Scotland is braced for fines of between 400 million pounds and 500 million pounds ($803 million) for its role in an interest rate rigging scandal, sources familiar with the matter said. The partly state-owned bank is expected to agree a settlement with authorities in Britain and the United States next week and will be hit with a More...

January 15th, 2013
January 15th, 2013

Fitch warns on U.S., Spain ratings, upbeat on Ireland

The United States faces a “material risk” of losing its triple-A status if there is a repeat of the wrangling seen in 2011 over raising the country’s self-imposed debt ceiling, credit ratings firm More...

December 26th, 2012

The Biggest Losers Of 2012

  Mark Zuckerberg shown on a Times Square screen after ringing the Nasdaq opening bell from Menlo Park, California, before Facebook’s market debut. Photograph: Spencer Platt/Getty Images Stock markets More...