Banking

3:14am

Fri August 3, 2012
Business

A Bad Day For The Royal Bank Of Scotland

Originally published on Fri August 3, 2012 3:30 am

RBS, the Royal Bank of Scotland, is already in a tough spot. It's among several banks being investigated for allegedly rigging the interbank lending rate known as LIBOR. As Steve Inskeep reports, Friday it warned that it faced several potential lawsuits over those allegations.

11:13pm

Thu July 26, 2012
Planet Money

How To Set Up An Offshore Company

Originally published on Thu August 2, 2012 12:51 pm

Lam Thuy Vo / NPR

Setting up an offshore company in a tax haven is surprisingly easy. A simple Google search offers up thousands of companies willing to help you do it.

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2:06pm

Wed July 25, 2012
The Two-Way

'Truly Ironic': Sandy Weill Says Big Banks Should Be Split Up

Originally published on Wed July 25, 2012 2:44 pm

Sandy Weill, former chairman of Citigroup, in 2006.
Louis Lanzano AP

Sandy I. Weill, the former Citigroup CEO who helped usher in the era of super banks, said during an interview with CNBC today that big banks should be split up.

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1:02am

Fri June 22, 2012
All Tech Considered

Your New Digital Wallet: In The Cloud But Still Tethered To Fees

Originally published on Tue October 16, 2012 2:38 pm

David Marcus, president of PayPal, unveils PayPal Here in San Francisco in March. The service allows customers to use their smartphones to pay for purchases at retail stores.
Kim White AP

4:00pm

Thu June 14, 2012
The Two-Way

Statisticians: Don't Rob A Bank; It's Not Worth It

Originally published on Thu June 14, 2012 4:04 pm

Bonnie And Clyde: Happily ever after? Maybe not so much.
AP

It was a scenario many have imagined: Retiring to a lonely beach in Mexico after a few minutes of a heart-pounding crime — like Bonnie and Clyde riding into the sunset with a good stash of money attained through a handful of bank heists.

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