Ireland Bailout Within 2 Weeks, Portugal in 1 Month says RBS

The public debt crisis sweeping the European Union could be moving into decisive moments. The British governement controlled RBS (Royal Bank of Scotland) is betting on a bailout for Ireland in less than 15 days and another for Portugal before the end...

Royal Bank of Scotland to cut 9000 Jobs

The Royal Bank of Scotland announced on Tuesday that it may cut up to 9,000 jobs Share

Britain announces a second bailout for its banks

In light of the dramatically fragile situation of Britain’s banks, the Government has announced a second bailout for Britain’s banks. Share