Fraud & Ethics
Legal
Regulation, Risk & Compliance
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RBS, others sue Dubai Group over $10 billion debt
Royal Bank of Scotland and two other banks have begun legal proceedings against an investment vehicle owned by Dubai's ruler, seeking immediate repayment after abandoning talks to restructure $10 billion in debts. RBS, along with German lender Commerzbank and South Africa's Standard Bank , had abandoned talks on restructuring Dubai…
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