Royal Bank of Scotland Group Plc hid or failed to disclose information regarding the identities of sanctioned parties in 3,500 transactions valued at approximately $523 million, the New York Department of Financial Services said in a statement today.
LONDON (Reuters) - Britain's economy will expand at its fastest rate in seven years in 2014, thanks to strengthening household consumption, but high household debt will slow growth in 2015, the British Chambers of Commerce (BCC) said on Thursday.
Britain has embraced internet shopping more than any other major country in the world, according to figures from the UK's communications regulator that set the scene for an online shopping rush for last-minute Christmas presents.
A Bank of England rate-setter yesterday said that Threadneedle Street's flagship forward guidance policy was likely to have had little impact on the economy and appeared to clash with Governor Mark Carney over the timing of possible rate rises.
MPs are demanding action after �13.2bn was written off the government balance sheet in 2011-12 due to fraud, financial error and legal claims.