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US banks could face legal charges of over $100bn

500 Billion

The fallout from the subprime mortgage crisis continues to plague U.S. banks, according to Standard and Poor's, with the ratings agency estimating billions of dollars in extra litigation fees may hit major lenders.

Serious Fraud Office may investigate RBS

RBS building

The Serious Fraud Office is considering a criminal investigation into allegations of wrongdoing at the Royal Bank of Scotland’s global restructuring group, after claims the lender was forcing small companies out of business.

Scotland independence: Widnae it work ?

Salmon Trout Marcus Österberg

Scotland's campaign to break ties with the rest of the U.K. will kick off in earnest this week with the launch of the pro-independence campaign - but the economic implications of going it alone are still being fiercely debated.