Tag: GRG

FCA Financial Conduct Authority RBS GRG Global Restructuring Group

FCA to Review RBS GRG Allegations

Following the publication of the government commissioned Tomlinson Report by Lawrence Tomlinson, the Financial Conduct Authority (“FCA”) have ordered a formal investigation into allegations that RBS systematically defrauded…

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RBS Commissioned Report Criticises Treatment of SME’s in Global Restructuring Group (GRG)

Following the publication of the Tomlinson Report into the Royal Bank of Scotland’s treatment of SME’s, another report by Sir Andrew Large has called for an urgent review…

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Tomlinson Report Accuses RBS & Lloyds Bank of ‘Unscrupulous Practices’

Entrepreneur in residence at the BIS, Dr Lawrence Tomlinson, has today published an explosive report which accuses many of Britain’s banks of ‘heavy handed profiteering and abhorrent behaviour.’…

RBS Announce Results: Provision for Swaps Mis-selling Increased by 1300%

The Royal Bank of Scotland have today announced their 2012 results.  These show an operating loss of £5.2 billion with a total loss for 2012 of £5.8 billion. They…