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

James Hurley, Enterprise Editor

Andrew Gibbs, an architect, says an update on his case doesnt even make senseSTEPHEN POND FOR THE TIMES

Business owners affected by Royal Bank of Scotlands restructuring scandal have expressed frustration at what they say is a lack of progress in the lenders compensation scheme.

RBS has paid millions in automatic refunds of fees it wrongfully charged, but the bank has taken longer than expected to get its complaints and appeals process off the ground.

Only one case has been referred to Sir William Blackburne, the former High Court judge who is providing independent oversight of the redress scheme for small and medium-sized companies that suffered at the hands of the banks Global Restructuring Group.

Lord Cro…

Read the full article at: https://www.thetimes.co.uk/article/disgraceful-lack-of-progress-by-rbs-over-restructuring-scandal-h9hwhgbs3

Category: RestructuringBy Insolvency Advisory AccountantsJuly 30, 2017

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

James Hurley, Enterprise Editor

Andrew Gibbs, an architect, says an update on his case doesnt even make senseSTEPHEN POND FOR THE TIMES

Business owners affected by Royal Bank of Scotlands restructuring scandal have expressed frustration at what they say is a lack of progress in the lenders compensation scheme.

RBS has paid millions in automatic refunds of fees it wrongfully charged, but the bank has taken longer than expected to get its complaints and appeals process off the ground.

Only one case has been referred to Sir William Blackburne, the former High Court judge who is providing independent oversight of the redress scheme for small and medium-sized companies that suffered at the hands of the banks Global Restructuring Group.

Lord Cro…

Read the full article at: https://www.thetimes.co.uk/edition/business/disgraceful-lack-of-progress-by-rbs-over-restructuring-scandal-h9hwhgbs3

Category: RestructuringBy Insolvency Advisory AccountantsJuly 30, 2017

Post navigation

PreviousPrevious post:4 Nifty Tricks to Help You Make Your Debt Disappear – Madison.comNextNext post:Will Pauline Hanson’s Sister Replace Senator Malcolm Roberts if he is Disqualified? – ABC Online (blog)

Related Posts

Local small businesses look to restructuring for ATO debt solution – InDaily
July 17, 2024
Cash flow analysis key to small business restructuring – AccountantsDaily
July 17, 2024
Small Business Restructuring Specialists – William Buck
July 17, 2024
Local small businesses look to restructuring for ATO debt solution – InDaily
July 17, 2024
Cash flow analysis key to small business restructuring – AccountantsDaily
July 17, 2024
SK Ecoplant to merge tech unit for group restructuring – Korea Economic Daily
July 17, 2024
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