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Independent Expert to Review RBS Computer Meltdown


The Financial Services Authority has ordered Royal Bank of Scotland to appoint an independent expert to review the causes of the bailed out bank's computer failure in June, according to information released by the Treasury select committee.

Google Could Face 'Tsunami of Litigation', Claims Foundem Chief

Google Logo

The head of Foundem, the British search engine company which first triggered an antitrust investigation into Google by the European commission, has warned that the search engine company faces "a tsunami of follow-on litigation" if it does not alter its search results in a negotiated settlement.

ING Seeking Single Buyer for Asian Operations

ING Seeks Single Buyer Still

ING Groep NV, facing a regulatory deadline to sell its insurance business, is pressing prospective buyers of operations in Southeast Asia and Hong Kong to also acquire part of its Japanese unit, three people with knowledge of the matter said.