Royal Bank of Scotland has been fined $100m (£61m, 73m euros) by US regulators for violating US sanctions against Iran, Sudan, Burma, and Cuba. . .

http://www.bbc.co.uk/news/business-25341882#

Managing directors at banks in London are expecting a 44 percent rise in bonuses for 2013 even as European authorities seek to scale back compensation, according to a recruiter’s survey. . .

http://www.bloomberg.com/news/2013-12-16/london-bankers-expect-44-bonus-increase-survey-finds.html

Dealer revenue from negotiating interest-rate swap transactions is poised to plunge about 45 percent as new rules boost trading costs, pressures that may prompt banks to participate less in the $633 trillion over-the-counter derivatives market, Tabb Group LLC estimates . . .

http://www.bloomberg.com/news/2013-12-09/banks-poised-to-reduce-rate-swap-trading-as-revenue-seen-reduced.html

Bob Diamond, one of the most controversial bankers to emerge from the financial crisis and the man ousted as boss of Barclays after a direct intervention by the Bank of England, is making a dramatic return to the City with the launch of a new Africa banking business. . .

http://www.theguardian.com/business/2013/dec/08/bob-diamond-returns-city-africa-banking

Goldman Sachs has said it would move much of its European business out of London if Britain leaves the European Union. . .

http://www.theguardian.com/business/2013/dec/04/goldman-sachs-warns-london-exit-britain-eu