RBS squeezed struggling businesses to boost profits, leak reveals
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10 October 2016
- From the section UK
Royal Bank of Scotland secretly tried to profit from struggling businesses, leaked documents show.
The bank bought up assets cheaply from failing businesses it claimed to be helping, the confidential files reveal.
Staff could boost their bonuses by finding firms which could be squeezed in what it called a “dash for cash”.
RBS said it had let …
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