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RBS Expects Profits to Almost Double


The Royal Bank of Scotland (RBS) expects its profits to almost double in the first half of the year.


Rate Rise Could Cause Greater Debt


Even a "relatively benign" rise in interest rates could cause a huge increase in the number of households with debt problems, according to the Resolution Foundation think tank.


Barclays to Fight US Fraud Case


Barclays is to fight legal action which accuses the bank of fraud in its US "dark pool" trading.


Bank of England Still Worried About Interest Rates


The Bank of England is still worried about raising interest rates despite growing signs of economic recovery, meeting minutes show.


Government Borrowing up 4bn


The amount of government borrowing was 11.4bn in June, according to The Treasury.


PPI Still Focus of Complaints


Even after more than three years since the controversy surrounding mis-sold Payment Protection Insurance (PPI) started, there are still as many as 5,000 new complaints about PPI made every week, according to the financial ombudsman.


Credit Suisse Reports Biggest Quarterly Loss in 6 Years


Credit Suisse, the Swiss banking giant, has reported its biggest quarterly loss in six years.


Criminal Investigation into Forex Markets Rigging


The Serious Fraud Office (SFO) has launched a criminal investigation into allegations of price fixing in foreign exchange markets.


UK Economy 'Hits the Sweet Spot'


The UK is set to achieve the strongest growth rate amongst the G7 economies in 2014, according to the latest quarterly forecast from the EY ITEM Club.


Full Banking Competition Investigation Launched


The UK's banking sector is to face a full competition inquiry, the Competition and Markets Authority (CMA) has announced.


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