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RBS ‘stripped assets’ of struggling companies

James Hurley Enterprise Editor Published at 12:01AM, May 5 2015 Royal Bank of Scotland was under pressure to strip companies of their assets to improve its balance sheet, The Times can reveal. The bank’s global restructuring group, which was supposed…

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Small firms unite to wage war on RBS

     Banking and Finance Gary Parkinson, James Hurley Last updated at 12:01AM, March 2 2015 More than 250 companies claiming to have been damaged or destroyed by Royal Bank of Scotland’s “turnaround” division have clubbed together to sue the…

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RBS Deputy Chief Executive Officer Chris Sullivan Leaves Bank

Royal Bank of Scotland Group Plc’s Chris Sullivan, the deputy chief executive officer whose evidence to Parliament was criticized by legislators, has left the bank. Sullivan, 57, departed Britain’s largest taxpayer-owned lender on Dec. 31, a spokeswoman for the Edinburgh-based…

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RBS apologises for ‘incorrect’ evidence to MPs’ committee

24 November 2014 Last updated at 01:07 Royal Bank of Scotland has apologised for giving incorrect evidence to a parliamentary hearing, it has emerged. Bank directors appeared before the Treasury Committee in June to answer claims that RBS’s Global Restructuring…

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