Fred Goodwin

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John Hourican, CEO of Bank of Cyprus, photographed in Dublin. Photograph: Dave Meehan/The Irish Times

John Hourican, the Irish banker hired in late 2013 to help stabilise a lender at the epicentre of Cyprus’s financial crisis, had barely waded through (...)

Once one of the globe’s biggest banks, RBS  embarked on an aggressive expansion course before its disastrous bid for Dutch lender ABN AMRO in 2007 left it perilously weakened as the financial crisis hit. Photograph: Neil Hall/Reuters

Britain’s government sold 7.7 per cent of Royal Bank of Scotland shares for £2.5 billion on Tuesday, realising a loss of more than two billion pounds(...)

Peter Sutherland: no one personified quite as clearly as he did the two sides of neoliberal globalisation: its phenomenal energy and its terrible destructiveness. Photograph: Aidan Crawley

After Peter Sutherland successfully concluded the biggest trade agreement in world history in 1994, the US trade representative Mickey Kantor hailed h(...)

Gordon Brown: “Little has changed since the promise in 2009 that we bring finance to heel. The banks that were deemed ‘too big to fail’ are now even bigger than they were,” he writes. Photograph: Jonathan Brady/PA Wire

The UK should have followed the lead of Ireland, Iceland, Spain and Portugal in prosecuting rogue bankers the former British prime minister Gordon Bro(...)

Former Royal Bank of Scotland chief executive Sir Fred Goodwin.

A London judge called off a lawsuit between Royal Bank of Scotland Group and a group of investors over a 2008 rights offering without a full settlemen(...)

Passengers queuing at Heathrow Airport after British Airways cancelled all flights from Gatwick and Heathrow. Photograph: Emily Wilson/PA

So now we know: the computer crash suffered by British Airways was caused by an engineer pulling out a plug. Or, to be more precise, putting the plug (...)

A man protesting outside court as RBS pursued last-minute settlement talks with a group of investors to avoid a trial. Photograph: Neil Hall/Reuters

A group representing thousands of shareholders has reached a £200 million settlement with Royal Bank of Scotland over its 2008 rescue funding, sparing(...)

Investors suing Royal Bank of Scotland over a rights offering in 2008 accepted the lender’s 82 pence per share settlement offer in a move that’s likely to allow former chief executive Fred Goodwin to avoid a potentially embarrassing court appearance. (Photograph: Simon Dawson/Bloomberg)

Investors suing Royal Bank of Scotland over a rights offering in 2008 accepted the lender’s 82 pence per share settlement offer in a move that’s like(...)

Protestors hold a banner outside of the Royal Courts of Justice as RBS pursued last-minute settlement talks with a group of investors to a trial over allegations the lender misled them about a 2008 capital increase. Photograph: Neil Hall/Reuters

A trial in which Royal Bank of Scotland is accused by investors of misleading them over its 2008 fundraising is set to be delayed for a second day, as(...)

Former RBS chief executive  Fred Goodwin would face scrutiny over his decision-making and leadership at the time of the lender’s near-collapse if the trial were to go ahead. Photograph: Reuters

Royal Bank of Scotland (RBS) has tried to reach a last-minute settlement with a group of investors who allege that the lender misled them over a 2008 (...)

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