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RBS hits eighth straight annual loss

London / AFP Britain’s state-rescued Royal Bank of Scotland (RBS) posted its eighth annual loss in a row although the latest result came in 43 percent smaller at around £2.0 billion. The loss after tax stood at £1.979 billion ($2.771 billion, 2.518 billion euros) last year compared with a net loss of £3.47 billion in 2014, helped by the sale ...

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Citigroup gets subpoena from US attorney in FIFA probe

Washington / Bloomberg Citigroup Inc. said it received a subpoena from the US Attorney for the Eastern District of New York regarding the bank’s possible role in bribes paid to international soccer officials. The government is seeking information on banking relationships and transactions tied to FIFA, global soccer’s governing body, New York-based Citigroup said Friday in its annual regulatory filing ...

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HSBC says US ends antitrust probe into metals trading

Bloomberg HSBC Holdings Plc said the US Justice Department shut an antitrust probe into bank’s precious metals trading as prosecutors focus on a criminal fraud investigation. The bank was informed in January that the antitrust division was closing its investigation, while the probe run by the fraud section is ongoing, the company disclosed in a filing. HSBC didn’t immediately comment ...

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