Two of the U.K.’s leading law firm lenders are under investigation after the Office of Fair Trading confirmed that both Barclays and Royal Bank of Scotland (RBS) are the subjects of a price fixing investigation looking at professional services loans.
The OFT has already raided the offices of the two banks, which between them are the two largest lenders to legal and accounting firms.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]