Stephen Hester, the chief executive of Royal Bank of Scotland, was forced to issue a public apology after the bank was unable to say how…
AFPRBS Posts Wider Net Loss As It Shrinks Balance SheetWall Street JournalLONDON (Dow Jones)–Royal Bank of Scotland Group PLC (RBS) Friday hailed the progress it has made in its target of shrinking its way back to profitability and once again becoming…
Question du jour: why is Jon Corzine still at large? In what fabulous Manhattan restaurants has he been enjoying plates of cockscombs and lobster with sauce hydromel and cinghiale ai frutti di bosco, while less well-connected citizens of this degene…
November 18, 2011
Europe Fears a Credit Squeeze as Investors Sell Bond Holdings
By NELSON D. SCHWARTZ and ERIC DASH
Nervous investors around the globe are accelerating their exit from the debt of European governments and banks, increasing the r…
SEPTEMBER 5, 2011, 1:26 P.M. ET.
Europe Stocks Slammed; Germany Drops More Than 5%
By Barbara Kollmeyer and Toby Anderson
European stocks plunged Monday and the euro tumbled, as investors piled into safe-haven assets amid rising fears over Europe’s …
In the midst of the global financial crisis in 2008, the Federal Reserve lent Goldman Sachs, Credit Suisse and Royal Bank of Scotland at least $30 billion each at interest rates as low as 0.01 percent with no public disclosure of the details, Bloomb…
AsiaTimes
Jan 11, 2011
CREDIT BUBBLE BULLETIN
Just the facts
Commentary and weekly watch by Doug Noland
WEEKLY WATCH
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January 7 – Bloomberg (Tim Catts and Sapna Maheshwari): “Company bond sales in the U.S. reached a record this…
http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/8182605/
Chinas-credit-bubble-on-borrowed-time-as-inflation-bites.html
The Royal Bank of Scotland has advised clients to take out protection against the risk of a sovereign defaul…
