Search Results for: rbs

Brazilian federal prosecutors have filed charges against Jair Renan Bolsonaro, the son of former President Jair Bolsonaro, for crimes including money laundering, misrepresentation and the presentation of fraudulent documents, Brazilian newspaper O Globo reported Wednesday.  Jair Renan, whose father served as the 38th president of Brazil from 2019-2022, was charged alongside his business partner, Maciel [...]

A US military judge ruled on Thursday that Ramzi bin al-Shibh, a 9/11 defendant detained in US custody at Guantanamo Bay, Cuba, is unfit to stand trial. Military Judge Colonel Matthew N. McCall’s ruling comes after a medical panel found that al-Shibh has PTSD with “Secondary Psychotic Features” resulting from his abuse in Central Intelligence [...]

Britain's Serious Fraud Office (SFO) charged Barclays and four of its former executives on Tuesday with conspiracy to commit fraud and violation of the Companies Act of 1985 by providing unlawful financial assistance. The...

Over two dozen US insurance companies associated with Travelers Companies initiated a lawsuit on Wednesday against ten defendants over the September 11 terrorist attacks, including companies affiliated with Osama bin Laden's family, Saudi banks and several charities....

US and UK regulators fined Deutsche Bank a combined $630 million in connection with a Russian money laundering scheme. Clients illegally moved over $10 billion from Russia via shares that were bought and...

On Thursday, the US Department of Justice (DOJ) filed a civil suit against Barclays Bank and two former executives for the fraudulent sales of residential mortgage-backed securities (RMBS) from 2005 to 2007....

Deutsche Bank on Friday announced a $7.2 billion settlement with the US Department of Justice (DOJ) regarding the sale of toxic mortgage securities that contributed to the 2008 financial crisis . The terms...

The US National Credit Union Administration (NCUA) said Wednesday that the Royal Bank of Scotland Group (RBS) will pay $1.1 billion after it allegedly solid toxic mortgaged-backed securities. The RBS is currently preparing [Reuters...

The European Commission (EC) on Wednesday fined eight international financial institutions €1.7 billion for having engaged in illegal cartels. They were all involved in cartels relating to interest rate derivatives. Some participated in a cartel...

The US Court of Appeals for the Ninth Circuit ruled Wednesday that a lawsuit by Argentine citizens can proceed against Daimler AG for the actions of Mercedes-Benz Argentina during...