Royal Bank of Scotland Group Plc was asked by investors suing over losses from a 2008 share sale to disclose details of probes by U.K. and U.S. regulators into its near-collapse and 45.5 billion-pound ($78 billion) bailout. . . .
(Reuters) – A former JPMorgan Chase & Co trader has filed an appeal with a London tribunal court to challenge civil findings made by Britain’s financial watchdog against the bank over the “London Whale” debacle of 2012, the Financial Times reported on Sunday, citing tribunal records. . .
http://uk.reuters.com/article/2014/07/06/uk-jpmorgan-chase-whale-fca-idUKKBN0FB10220140706
Europe’s banks face a further $50 billion of legal costs as they catch up with their U.S. counterparts, according to analysts at Morgan Stanley . . .
http://www.bloomberg.com/news/2014-07-07/european-banks-seen-facing-50-billion-more-in-legal-expenses.html
BNP (BNP) Paribas SA, seeking to settle claims it violated U.S. sanctions, is close to an agreement with New York state’s top banking regulator that would curtail some of its dollar-clearing operations for as long as a year, according to a person familiar with the matter. . .
http://www.bloomberg.com/news/2014-06-26/bnp-said-to-face-dollar-clearing-curb-under-settlement.html
Some 30% of WPP shareholders revolt over £30m windfall for Sir Martin Sorrell, while RBS chairman insists progress made . . .
http://www.theguardian.com/