Archive For August 26, 2017

RBS mistreated ailing businesses, says watchdog

By |

RBS mistreated ailing businesses, says watchdog Times, 26.08.17   Only one in ten of the troubled businesses put into Royal Bank of Scotland’s scandal-hit turnaround unit ever ended up returning to the main bank, according to a leaked report from the City watchdog.   Small and medium-sized companies placed under the supposed care of the…

RBS mistreated clients, leaked FCA report reveals

By |

RBS mistreated clients, leaked FCA report reveals Guardian, 25.08.17   A division of the taxpayer-owned RBS bank which was meant to help companies in trouble mistreated many of its clients but did not try to “profit from their distress”, according to a leaked report by the regulator, the Financial Conduct Authority.   According to the…

RBS accused of mistreating businesses in leaked report

By |

RBS accused of mistreating businesses in leaked report BBC, 25.08.17   The RBS department set up to help companies in trouble mistreated many of its clients, a leaked report for the Financial Conduct Authority says.   It found some “inappropriate action” – such as interest charges being raised or unnecessary fees added – was experienced…

Go Top