RBS
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RBS

RBS
RBS
Royal Bank of Scotland grew into one of the world’s biggest banking groups through aggressive acquisitions, but overstretched itself when it tried to buy Dutch banking giant ABN Amro in 2007. The British government pumped 45 billion pounds (US$73 billion) into RBS to keep it afloat in 2008, leaving it 82 per cent state-owned.
Foreign exchange market

Five banks fined US$1 billion by EU for rigging foreign exchange market

Barclays, Royal Bank of Scotland, Citigroup, JP Morgan and MUFG formed two cartels to manipulate the spot foreign exchange market for 11 currencies.

British banks urged to justify ‘staggering’ level of branch closures

Royal Bank of Scotland settles cases from 2008 global crisis

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