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MasterCard Loses EU Court Challenge Over Cross-Border Card Fees - Bloomberg
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 Bloomberg | MasterCard Loses EU Court Challenge Over Cross-Border Card Fees Bloomberg The second-biggest card network, joined in the fight by banks including HSBC Holdings Plc (HSBA) and Royal Bank of Scotland Group Plc, had argued that the so-called multilateral interchange fees were crucial for sharing the costs of debit and credit ... EU court quashes MasterCard's challenge over fees EU court rules MasterCard overcharged with cross-border fees EU Court Confirms EU Commission Ban On MasterCard Fees To Banks |
Published on Thursday 24th of May 2012 03:07:16 PM
Malaysia Top Two Lenders Record Strong 1Q Profits - Wall Street Journal
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Malaysia Top Two Lenders Record Strong 1Q Profits Wall Street Journal The bank has set a return-on-equity target 16.4% for this year. CIMB Group recently acquired a 60% stake in Bank of Commerce from the Philippines for MYR881 million and bought Royal Bank of Scotland Group PLC's (RBS.LN) cash equities and associated ... Malaysia's CIMB Q1 net profit climbs 10 pct CIMB's Nazir a man of change |
Published on Thursday 24th of May 2012 03:07:16 PM
Free UK banking may have to end - BoE Bailey - Reuters
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 Sky News | Free UK banking may have to end - BoE Bailey Reuters Barclays, HSBC, Lloyds and Royal Bank of Scotland are part way through paying the bulk of about 9 billion pounds ($14 billion) compensation for mis-selling loan insurance. It was the latest scandal over two decades and more of mis-selling products from ... Banks 'Should Charge For Current Accounts' Free banking a dangerous myth, says Bank official BoE official calls time on free banking |
Published on Thursday 24th of May 2012 03:07:16 PM
Royal Bank of Scotland celebrates Queen Elizabeth 60-year reign with new 10 ... - Washington Post
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Royal Bank of Scotland celebrates Queen Elizabeth 60-year reign with new 10 ... Washington Post LONDON — The Royal Bank of Scotland on Wednesday is celebrating the 60-year reign of Queen Elizabeth II by issuing 20 million pounds ($31 million) worth of 10-pound notes with four images of the queen from the 1940s to the 21st century. |
Published on Thursday 24th of May 2012 03:07:16 PM
JPMorgan Among Banks Sued For $1.8 Billion Over Mortgages - Bloomberg
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JPMorgan Among Banks Sued For $1.8 Billion Over Mortgages Bloomberg The banks made misrepresentations about the loans backing the securities, according to a summons filed today in New York State Supreme Court. Morgan Stanley, Credit Suisse Group AG (CSGN), Royal Bank of Scotland Group Plc (RBS) and Bank of America Corp ... |
Published on Thursday 24th of May 2012 03:07:16 PM
Wall Street CMBS allure fades, volatility surges - Crain's New York Business
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Wall Street CMBS allure fades, volatility surges Crain's New York Business Banks lining up sales could hold back from issuing deals until volatility subsides, according to Mr. Pendergast of Jefferies. Deutsche Bank, Wells Fargo & Co., Royal Bank of Scotland Group Plc and JPMorgan Chase & Co. are among banks planning about $6 ... |
Published on Thursday 24th of May 2012 03:07:16 PM
Investment Banking & Securities Brokerage in the UK Industry Market Research ... - San Francisco Chronicle (press release)
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Investment Banking & Securities Brokerage in the UK Industry Market Research ... San Francisco Chronicle (press release) Other major banks are also expected to follow the Royal Bank of Scotland's lead in reviewing their proprietary trading, equity markets and investment banking activities. Regulation changes forcing the ring-fencing of retail banking operations could ... |
Published on Thursday 24th of May 2012 03:07:16 PM
ROYAL BANK OF SCOTLAND GROUP PLC : Breaking up is hard to do - Economics weekly - 4-traders
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ROYAL BANK OF SCOTLAND GROUP PLC : Breaking up is hard to do - Economics weekly 4-traders Each of the Bank of England's main forecasts moved in the wrong direction this quarter. The Bank revised down its forecast for UK economic growth in 2012 to 0.8% from 1.2%. It also revised up its forecast for inflation as the Governor admitted that ... |
Published on Thursday 24th of May 2012 03:07:16 PM
Ashurst Adds Two Partners in Sydney - Texas Lawyer
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Ashurst Adds Two Partners in Sydney Texas Lawyer In March, he also advised JPMorgan Chase & Co. and The Royal Bank of Scotland Group Plc. as underwriters of a $2 billion senior notes offering by Perth-based Fortescue Metals Group Ltd. Ashurst has almost 1000 lawyers in Australia via a merger ... |
Published on Thursday 24th of May 2012 03:07:16 PM
Euro Recovers From 22-Month Low - Wall Street Journal
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 Moneycontrol.com | Euro Recovers From 22-Month Low Wall Street Journal The euro is just grinding lower in line with the data," said Paul Robson, senior currency strategist at Royal Bank of Scotland. He has a short-term target of $1.22-$1.23 for the single currency. Separately, a senior Chinese official has expressed ... European Markets Rebounded Despite Weak Economic Results UK Market Trading Notably Higher Greece boost lifts FTSE spirits |
Published on Thursday 24th of May 2012 03:07:16 PM
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