As Royal Bank of Scotland has been buffeted by outrage from politicians and victims of its scandal-hit restructuring unit in recent weeks, it has at least seen a thin silver lining.
A summary of a regulatory report into the Global Restructuring Group published last month revealed the intentional mistreatment of thousands of small and medium-sized companies.
In parliament this week, Bill Esterson, the shadow business minister, summarised the fallout in stark terms: Businesses were ruined, families were torn apart, people took their own lives.
Yet, as was emphasised by the Financial Conduct Authority, the most serious allegations levelled against GRG were not upheld by its investigation, which was conducted by Promontory. Ross McEwan, the …
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