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RBS chiefs may face fraud trial over seizure of IT firm

Tom Harper and Aimee Donnellan June 12 2016, 12:01am, The Sunday Times Neil Mitchell, who is trying to mount a private criminal prosecution against RBS executives, with girlfriend Sarah Morgan yesterday FRANCESCO GUIDICINI Senior executives at the Royal Bank of Scotland are facing…

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Osborne to cut losses with £32bn sale of RBS

The Times Sam Coates Deputy Political Editor  George Osborne signalled the end of the biggest taxpayer bailout in British history yesterday by announcing the sale of the public’s £32 billion stake in Royal Bank of Scotland. Seven years after the…

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Social purpose cast aside as RBS crushes small businesses for profit

Move Your Money May 18, 2015 A modern society cannot function without banks. Whether it’s to provide a place to store your money, create payments between people and businesses, or to provide credit to those who need it, banks perform…

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Lloyds alleged to have ‘artificially distressed’ small business customers

Financial Times May 17, 2015 8:14 pm Jane Croft Lloyds Banking Group “artificially distressed” small business customers after they were “cynically” transferred to a support unit as banks sought to bolster their own balance sheets in the wake of the financial…

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RBS stands accused of forcing companies into default to improve its balance sheet

  The Times Published at 12:01AM, May 7 2015 The language of finance can be arcane but the business of commercial banking is simply defined. Banks put together people who have capital and want a return on it with businesses…

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‘Vampire division preyed on clients’ it was meant to save

James Hurley: The Times Enterprise Editor Published at 12:01AM, May 5 2015 See also: SBCB TOP STORIES 05/05/2015: RBS Stripped assets of struggling companies: Racing Car Driver Lawrence Tomlinson with inside track: ‘In my worst nightmares I never thought that the bank would…

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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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Rory Cullinan’s departure from RBS just doesn’t add up

As RBS’s executive had already decided what they wanted to do with the investment bank and how quickly they wanted to do it, what was there left to disagree about? Eight different men have now been in charge of RBS’s…

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