British government

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  RBS Leaves U.K. Asset Protection Plan

  By Marlene Y. Satter, AdvisorOne  |  October 17, 2012

  Royal Bank of Scotland Group has paid 2.5 billion pounds ($4 billion) to the British government to insure its riskiest assets and agreed to exit the Asset Protection Scheme.

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  Few Apply for Top BoE Spot

  By Marlene Y. Satter, AdvisorOne  |  October 8, 2012

  The list of candidates to succeed Mervyn King as governor of the Bank of England is smaller than expected, with many potential candidates disqualified because of recent investigations into bank misdeeds, and two of the top contenders off the list by choice.

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  IPOs Could Get Easier in U.K.

  By Marlene Y. Satter, AdvisorOne  |  August 29, 2012

  The U.K. is considering mimicking key provisions of the U.S. JOBS Act, including offering more lenient rules on IPOs.

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  Congress Prods N.Y. Fed for More LIBOR Info

  By Melanie Waddell, AdvisorOne  |  July 23, 2012

  The House Financial Services Oversight and Investigations Subcommittee told the New York Fed on Monday that it wants more information about the the handling of banks’ alleged “manipulation and suppression” of LIBOR.

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  5 of History’s Brazen Crooks Who Defrauded Markets

  By Dan Berman, AdvisorOne  |  July 11, 2012

  Remember Ken Lay? Probably. Remember Alves dos Reis? Probably not, but he nearly bankrupted a country in 1925.

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  Gilts Drop on Austerity

  By Marlene Y. Satter, AdvisorOne  |  April 16, 2012

  While yields are still near record lows and support lingers for austerity policies in some sectors, those policies are backfiring on the bond market in the U.K., with gilts losing 1.92% in Q1.

• Dutch Bailouts of ING, ABN Amro ‘Large Errors’: Committee

  By Marlene Y. Satter, AdvisorOne  |  April 11, 2012

  A parliamentary committee in the Netherlands said that the country’s government made “large errors” when it bailed out ING Groep NV, ABN Amro Holding NV and Fortis in 2008 and 2009, and those errors put taxpayers on the hook for greater risk and cost.

• RBS Talks Sale With Abu Dhabi Royals

  By Marlene Y. Satter, AdvisorOne  |  March 27, 2012

  The Abu Dhabi ruling family is in talks to purchase a stake in the government-owned Royal Bank of Scotland, according to sources close to both sides of the potential deal.

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  Britain May Revive Perpetual Gilts

  By Marlene Y. Satter, AdvisorOne  |  March 14, 2012

  Everything old is new again–Britain is considering bringing back perpetual gilts, long-term bonds that were first debuted after the South Seas Bubble crisis of 1720. With 100-year maturities and today’s extra-low interest rates, the idea is attractive to many.

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  Former RBS Chief Stripped of Knighthood

  By Marlene Y. Satter, AdvisorOne  |  February 1, 2012

  Former Royal Bank of Scotland Group CEO Fred Goodwin is now also a former knight of the realm. Goodwin, on the advice of the Honors Forfeiture Committee in Britain, was stripped of his knighthood.