Former Torex CEO sues KPMG and RBS
Accounting Firms

Former Torex CEO sues KPMG and RBS

9y Richard Crump , Writer

Former Torex CEO sues KPMG and RBS

Former chief executive of failed software company Torex Retal is suing RBS, KPMG and Cerberus Capital accusing the firms of fraud Read More...

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Burnell made chief audit executive for challenger bank Williams & Glyn
Audit

Burnell made chief audit executive for challenger bank Williams & Glyn

9y Calum Fuller , Reporter

Burnell made chief audit executive for challenger ...

Bernadine Burnell will lead challenger bank's internal audit function Read More...

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RBS prepares to tender audit contract
Audit

RBS prepares to tender audit contract

11y Naomi Rainey

RBS prepares to tender audit contract

Bank will take contract to market later this year, having used Deloitte since 2000 Read More...

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RBS finance director leaves to join Santander
People Business

RBS finance director leaves to join Santander

11y Richard Crump , Writer

RBS finance director leaves to join Santander

Nathan Bostock quits tax-payer backed bank for deputy chief executive position at Santander UK after just ten weeks in the job Read More...

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RBS fined £5.6m over reporting blunders
Company News

RBS fined £5.6m over reporting blunders

11y Richard Crump , Writer

RBS fined £5.6m over reporting blunders

City watchdog finds Royal Bank of Scotland failed to properly report 44.8 million trades between November 2007 and February 2013 Read More...

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RBS finance chief Bruce van Saun tipped to join Citizens
People Business

RBS finance chief Bruce van Saun tipped to join Citizens

12y Richard Crump , Writer

RBS finance chief Bruce van Saun tipped to join Ci...

Bruce van Saun reportedly set to join RBS' US arm ahead of float; Nathan Bostock lined up as successor Read More...

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£4.6bn accounting charge for RBS after “chastening” 2012
Company News

£4.6bn accounting charge for RBS after “chastening” 2012

12y Calum Fuller , Reporter

£4.6bn accounting charge for RBS after “chastening...

The Royal Bank of Scotland takes a £4.6bn hit after making changes to its own credit in 2012 Read More...

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Banks agree Grant Thornton refinancing
People In Practice

Banks agree Grant Thornton refinancing

13y Kevin Reed , Writer

Banks agree Grant Thornton refinancing

Barclays and RBS remain in place as Grant Thornton organises new credit facilities Read More...

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Where NatWest / RBS may have gone wrong – by a former RBS IT manager
Business Regulation

Where NatWest / RBS may have gone wrong – by a former RBS IT manager

13y Accountancy Age

Where NatWest / RBS may have gone wrong – by a for...

A former senior IT manager at RBS lifts the lid on some lax internal processes and ill-considered outsourcing that may have helped bring RBS IT system...

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Interview: RBS group FD Bruce Van Saun
Corporate Governance

Interview: RBS group FD Bruce Van Saun

13y Gavin Hinks

Interview: RBS group FD Bruce Van Saun

Bruce Van Saun, FD at RBS, explains in his first major UK interview how he is tackling the biggest turnaround job on the planet Read More...

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Goldmans audit head joins RBS
Audit

Goldmans audit head joins RBS

13y Nick Huber

Goldmans audit head joins RBS

Nicholas Crapp to leave Goldman Sachs for Royal Bank of Scotland role Read More...

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Lawyers mull Goodwin case over RBS accounting
Accounting Standards

Lawyers mull Goodwin case over RBS accounting

13y Jaimie Kaffash

Lawyers mull Goodwin case over RBS accounting

Government considers whether former RBS chairman Fred Goodwin has a case to answer over RBS' accounting Read More...

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FSA: Fair value accounting contributed to RBS failure
Accounting Standards

FSA: Fair value accounting contributed to RBS failure

13y Rose Orlik

FSA: Fair value accounting contributed to RBS fail...

Fair value accounting and weak regulation contributed to RBS's failure during the financial crisis, the FSA has concluded Read More...

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Experts dismiss RBS account 'distortion'
Accounting Standards

Experts dismiss RBS account 'distortion'

14y Rose Orlik

Experts dismiss RBS account 'distortion'

RBS accused of using IFRS to distort its accounts but experts dismissive of claims Read More...

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Colin: a tricky financial question
Accounting Standards

Colin: a tricky financial question

14y Accountancy Age

Colin: a tricky financial question

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MPs attack RBS's 'distorted' IFRS accounting
Accounting Standards

MPs attack RBS's 'distorted' IFRS accounting

14y Rose Orlik

MPs attack RBS's 'distorted' IFRS accounting

MPs have accused RBS of using IFRS to favourably distort accounts Read More...

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Dud accounting standards 'inflated RBS assets'
Accounting Standards

Dud accounting standards 'inflated RBS assets'

14y Rose Orlik

Dud accounting standards 'inflated RBS assets'

International accounting standards have been blamed for inflating the value of RBS holdings during the banking crisis Read More...

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RBS chiefs foolish not criminal, FSA finds
Audit

RBS chiefs foolish not criminal, FSA finds

14y Mario Christodoulou

RBS chiefs foolish not criminal, FSA finds

Investigations, aided by PwC, finds bad decisions did not amount to fraud Read More...

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RBS chief Stephen Hester says banks should pay higher taxes
Corporate Tax

RBS chief Stephen Hester says banks should pay higher taxes

14y David Jetuah

RBS chief Stephen Hester says banks should pay hig...

Stephen Hester concedes there is a good case for banks paying higher taxes as financial institutions continue to be propped up by the government Read...

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Debt buy-backs hit by tax rule change
Corporate Tax

Debt buy-backs hit by tax rule change

15y Kevin Reed , Writer

Debt buy-backs hit by tax rule change

Treasury targets tax on profits made by companies on debt buy-backs Read More...

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RBS brings in Aviva FD to look after risk
Company News

RBS brings in Aviva FD to look after risk

15y Accountancy Age

RBS brings in Aviva FD to look after risk

Philip Scott appointed non-executive director at government owned banks and will chair risk committee Read More...

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KPMG lines up £260m office move in 2010
Accounting Firms

KPMG lines up £260m office move in 2010

15y Kevin Reed , Writer

KPMG lines up £260m office move in 2010

4,000 KPMG staff set for 15 Canada Square in Autumn 2010 Read More...

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FSA investigates RBS acquisition of ABN Amro
Corporate Finance

FSA investigates RBS acquisition of ABN Amro

15y Rachael Singh

FSA investigates RBS acquisition of ABN Amro

Shares fall on announcement of FSA probe into the bank's purchase of ABN Amro Read More...

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RBS appoints new finance chief
Company News

RBS appoints new finance chief

15y Gavin Hinks

RBS appoints new finance chief

Bruce Van Saun to head finance at Royal Bank of Scotland Read More...

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Ex Abbey National FD, Hester, given tougher targets at RBS
Consulting

Ex Abbey National FD, Hester, given tougher targets at RBS

16y Rachael Singh

Ex Abbey National FD, Hester, given tougher target...

Chief exec at Royal Bank of Scotland given tougher targets and may not be paid bonus for five years Read More...

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Whittaker to leave RBS
Company News

Whittaker to leave RBS

16y David Jetuah

Whittaker to leave RBS

Guy Whittaker is to leave his role as FD of the bank, which was bailed out by the government last year Read More...

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RBS enlists veteran accountant
Company News

RBS enlists veteran accountant

16y Accountancy Age

RBS enlists veteran accountant

Joins board and heads audit committee Read More...

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