4 Financial Stock Stories To Bank On
The Royal Bank of Scotland Group (NYSE:RBS): Current price $11.05
American authorities want a resolution of interest-rate-rigging claims with The Royal Bank of Scotland which would result in its division pleading guilty to criminal charges along with paying a penalty, say sources briefed on the negotiations. However, RBS executives are against any sort of guilty plea, worrying that it could put off the bank’s clients and also that it could increase its exposure to expensive litigation. At the same time, the negotiations show a newly tough stance by United States authorities, who do not want to be criticized for softness on white-collar crimes.
Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.