Management at the Royal Bank of Scotland (RBS) were aware of failings in its small business restructuring group, but turned a blind eye, according to a leaked report seen by the Mail on Sunday.
The Financial Conduct Authority (FCA) investigated RBS‘s Global Restructuring Group (GRG) after small businesses claimed they were wrongly and to their detriment placed into the group, which was designed to help struggling firms. Some alleged they were even forced into insolvency.
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