Neil Woodford: 'Stock market faces years of turmoil'

Neil Woodford, one of Britain’s most respected fund managers, has warned that the general election could trigger years of turbulence for the stock market and prolonged weakness for the pound.

Banks to report bumper profits as bad loans fall

Britain’s banking sector will attempt to dispel the clouds surrounding it and show that it isn’t only Royal Bank of Scotland that is benefiting from the economic recovery as the reporting season gets into full swing this week.

R.B.S. to Pay $100 Million to Settle Inquiries Into Violations of Sanctions

The Royal Bank of Scotland is paying $100 million in fines to New York and federal banking regulators to settle civil investigations into accusations that some of its former employees helped conceal transactions involving customers from Iran, Sudan and other nations subject to international sanctions for about a decade.

British Government Reports Assail R.B.S. Lending Practices

LONDON – Royal Bank of Scotland, the British bank principally owned by the government, said on Monday that it had hired the law firm Clifford Chance to examine its lending practices after government reports that criticized its operations, including claims that it pushed some business clients into serious financial difficulties.