Posts Tagged ‘investigation’
Former RBS investment banker receives lifetime ban
Johnny Cameron, the former chairman of Royal Bank of Scotland’s (RBS) investment banking business, has been banned from holding an executive position within the financial services industry.
The ban, imposed by the Financial Services Authority (FSA), follows an investigation into systems and controls in the global markets division at the bank.
Fifty-five-year-old Cameron, who was chairman [...]
Former RBS investment banker receives lifetime ban
Johnny Cameron, the former chairman of Royal Bank of Scotland’s (RBS) investment banking business, has been banned from holding an executive position within the financial services industry.
The ban, imposed by the Financial Services Authority (FSA), follows an investigation into systems and controls in the global markets division at the bank.
Fifty-five-year-old Cameron, who was chairman [...]
Former RBS investment banker receives lifetime ban
Johnny Cameron, the former chairman of Royal Bank of Scotland’s (RBS) investment banking business, has been banned from holding an executive position within the financial services industry.
The ban, imposed by the Financial Services Authority (FSA), follows an investigation into systems and controls in the global markets division at the bank.
Fifty-five-year-old Cameron, who was chairman [...]
US banks under investigation
Eight Wall Street banks are facing an investigation following allegations that they provided misleading information to several ratings agencies in order to gain a better rating for mortgage securities.
New York Attorney General, Andrew Cuomo, has launched the investigation and the banks under scrutiny are Goldman Sachs, Morgan Stanley, UBS AG, Citigroup, Credit Suisse, Deutsche [...]
Bankers shudder at Goldman Sachs’ fraud charge
The financial world was in shock over the weekend following the decision of the US Securities and Exchange Commission (SEC) to charge Goldman Sachs and one of its vice presidents with fraud.
The Wall Street bank allegedly sold investors down the river by “misstating and omitting key facts” about a financial product tied to US sub-prime [...]