LONDON (Reuters) - Royal Bank of Scotland said on Thursday that an independent review by law firm Clifford Chance has found no evidence that it set out to defraud its business customers.
U.K. stocks declined, with the benchmark FTSE 100 (UKX) Index paring its weekly gain, as Diageo Plc tumbled the most since January after reporting a drop in quarterly sales.
Mulberry has vowed to win back loyal customers after fans of its designer handbags were priced out by a disastrous push into more exclusive markets.
... Stocks. * Diageo 3rd-qtr sales fall 1.3 pct, Asia down 19 pct. * Remy sees full-year profit down as much as 40 pct. * Remy says China crackdown shows no sign of abating.
Volatility in a number of key emerging markets, including China, Russia and Kenya, is causing a major headache for Diageo's new chief executive, Ivan Menezes, as the drinks giant reported a shock 1.3pc slide in third quarter sales.