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A short history of RBS’s Global Restructuring Group

In Blog by Ian Fraser5 Comments

June 17th, 2012 (updated November 10th 2012) Have NatWest and RBS gone rogue? Has the Royal Bank of Scotland, which has owned NatWest for the past 12 years, become a ‘rogue’ institution? And more specifically has its global restructuring group, formerly known as specialised lending services, become a quasi-criminal or …

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RBS and NatWest customers offered range of ethical choices

In Blog by Ian Fraser2 Comments

6 February 2012 People approaching Royal Bank of Scotland and NatWest cash machines are increasingly likely to be offered a range of ethical choices before being able to withdraw their cash. Given the Edinburgh-based bank’s failure to properly reform itself in the wake of its October 2008 taxpayer-funded bailout, and …

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RBS executives seem to think they’re above the law

In Blog by Ian Fraser2 Comments

16 December 2010 As they scramble to shore up their balance sheets, Britain’s banks are treating some of their corporate and small and medium-sized business customers with barely disguised contempt. A tactic commonly used once they’ve reneged on pre-crisis lending agreements and decided to recover what they can from a …

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The “financial terrorism” of Royal Bank of Scotland

In Blog by Ian Fraser8 Comments

November 27th, 2013 (updated November 28th, 2013) (minor edits December 1st, 2013) Another of the banking scandals I’ve been covering for more than three years is gaining a wider audience, following the publication of the Tomlinson Report on Monday and this morning’s confirmation from the Financial Times that the Serious Fraud …