LONDON (Reuters) - Royal Bank of Scotland Group plc <RBS.L> said it will book a loss of around 265 million pounds ($400 million) after completing a tender for certain U.S.
Barclays learnt that the hard way on Thursday when its attempt to bag a so-called “elephant deal” - a name bankers gave to transactions above �20m - ended up landing it with a �72m fine from the UK regulator.
Four senior partners at accountancy firm KPMG have been arrested over suspected tax evasion. Jon D'Arcy, Eamonn Donaghy, Arthur O'Brien and Paul Hollway were detained at KPMG's office in Belfast, Northern Ireland.
Airbus could be set to create the next-generation of planes after filing a patent featuring detachable cabins. The proposal would see passengers "board" the cabin and take their seats, before it is lifted like a shipping container onto the back of the ...
"Mario Draghi is regularly under-estimated," said Kit Juckes at SocGen. "'Whatever it takes' means exactly that.