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RBS mistreated ailing businesses, says watchdog

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 ...

RBS mistreated clients, leaked FCA report reveals

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”,

RBS accused of mistreating businesses in leaked report

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

‘Disgraceful’ lack of progress by RBS over GRG group restructuring scandal

‘Disgraceful’ lack of progress by RBS over GRG group restructuring scandal The Times, 31.07.2017 By James Hurley   Business owners affected by Royal Bank of Scotland’s restructuring scandal have expressed frustration at what they say is a

RBS braced for fresh trial after investors raise legal fees

RBS braced for fresh trial after investors raise legal fees FT, 06.06.17   Royal Bank of Scotland and former disgraced boss Fred Goodwin are bracing for a trial over the state-backed bank’s 2008 share sale after investors managed to gather

RBS Lawsuit Settlement Said to Falter as Some Investors Hold Out

RBS Lawsuit Settlement Said to Falter as Some Investors Hold Out Bloomberg, 2.6.17   Royal Bank of Scotland Group Plc’s settlement with investors suing the bank, which seemed a certainty earlier in the week, has faltered as a handful of

Former Torex boss eyes appeal against ‘apparent bias’ in RBS High Court ruling

Former Torex boss eyes appeal against ‘apparent bias’ in RBS High Court ruling Telegraph, 30.05.17   The boss of a collapsed software firm who claimed Royal Bank of Scotland forced the business into administration is attempting

RBS Investors Back Settlement That May Avert Goodwin Clash

RBS Investors Back Settlement That May Avert Goodwin Clash Bloomberg, 29.05.17   Investors suing Royal Bank of Scotland Group Plc over a rights offering in 2008 accepted the lender’s improved settlement offer in a move that may allow former ...

Companies still find cause for complaint about RBS scheme

Companies still find cause for complaint about RBS scheme Times, 29.05.17   The pace of dealing with ‘ruinous’ problems caused by the bank’s Global Restructuring Group is too slow for some critics   Donald Trump must

RBS High Court case adjourned as bank makes 11th-hour offer to shareholders

RBS High Court case adjourned as bank makes 11th-hour offer to shareholders Telegraph, 22.05.17   A crunch High Court trial over Royal Bank of Scotland’s crisis-era rights issue is expected to be adjourned for 24 hours after the lender made ...

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