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KPMG faces £4m fine over audit of ailing Co-op Bank
The FRC is to impose a fine of about £4m on the firm’s work on the Co-op Bank’ 2009 accounts, Sky News learns. Sky
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RBS sued by Newham council over the terms of £150m in loans
The east London authority filed a high court claim against RBS earlier this week, the Guardian can report. The claim centres on terms of its lender option borrower option loans, known as Lobos, which proved popular with local councils in the early 2000s. One of the main attractions were the...