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RBS could create a 'bad bank' anyway

RBS building

Royal Bank of Scotland could create an internal 'bad bank' to house more of its problem loans, even if Britain decides not to enforce a breakup of the part-nationalised lender, banking industry and political sources say.

ICAP regrets and condemns 'inexcusable actions' of brokers

Black Wallet Spencer Ritenour

ICAP has reached settlement agreements with the Financial Conduct Authority (FCA) and the U.S. Commodity Futures Trading Commission (CFTC) relating to the involvement of certain brokers in the attempted manipulation of YEN Libor by bank traders between October 2006 and January 2011

Deutsche Bank issues warning

Deutsche Bank - External

Deutsche Bank has warned that investment banking revenue would be significantly lower in the third quarter and that it will set aside more money to deal with litigation.