Royal Bank of Scotland

JPMorgan Chase stock lost more than 8% of its value Friday after the bank, the largest in the United States, revealed a monster $2 billion loss in a trading group that manages the risks the bank takes with its own money.

Five U.K. banks may have to pay hundreds of millions of pounds in a levy that aims to charge them for the risks they pose to the country's economy. The planned bank levy will raise a total of 2.5 billion pounds ($3.59 billion) a year from 2012 onwards, The Wall Street Journal said. The levy has...

A London court ordered the owners of Liverpool Football Club to reverse changes to the club's board, a move that could allow England's most successful soccer club to be sold to the group that controls the Boston Red Sox. Tom Hicks and George Gillett, the owners of the club, sought to block a 300...

Rabble-rousing musician Billy Bragg is urging U.K. citizens to withhold their taxes unless the government stops the Royal Bank of Scotland from awarding $2.4 billion in bonuses to its bankers. After a bailout, RBS is now government owned.

Company news that could affect stock prices today including: a Swiss court's decision that chief financial markets regulator broke the law when it ordered UBS AG to give the U.S. data about its clients, and Teva Pharmaceutical Industries' withdrawal of its appeal of a U.S. court ruling that favored Merck and its patent on the asthma treatment Singulair.

It's probably not something that most Americans are following, but in England, the Supreme Court has been studying the legality of bank overdraft fees and whether the public should be refunded, and their verdict is in: the overdraft fees that have been soaking the British are legal. Two courts had...

Faced with the news that Britain is still in the midst of a recession, the government announced a new round of stimulus today. The Bank of England will add another 25 billion pounds ($41 billion) to the economy and keep its main interest rate at 0.5 percent for an eighth consecutive month. This...

Bank of England Governor Mervyn King won the fight in Britain to break up the banks that were "too big to fail." Now the big question is: Will Paul Volcker (pictured) get the Obama administration to follow suit? King got a lot of help from European regulators, who called for more and smaller banks...

It might be the ultimate early-morning eye-opener: imagine stopping in Dunkin' Donuts for a morning coffee and opening a checking account at the same time. It's not a far-fetched scenario, as Citizens Bank this month opened the first full-service bank branch in a Dunkin' Donuts shop. And if the...

Think taxpayers are angry at Wall Street? People in the U.K. may be angrier. Vandals attacked the Edinburgh home of Sir Fred Goodwin, who built the Royal Bank of Scotland (RBS) into the fifth-largest bank by market capitalization, only to watch it evaporate as the government was forced to bail it...