Page 298 




Nomura Logo

Nomura and RBS appeal likely to fail

A U.S. appeals court appeared unlikely on Friday to overturn an order requiring Nomura Holdings and Royal Bank of Scotland to pay $839m for making false statements while selling mortgage-backed securities to Fannie Mae and Freddie Mac.

Deutsche Bank - External

Deutsche Bank clears chairman

Deutsche Bank has cleared its chairman of accusations by shareholders that he was partly to blame for the bank's poor cooperation with authorities over alleged rate-rigging, daily Sueddeutsche Zeitung has cited financial sources as saying.