Unredacted FCA report allegedly states banks misconduct towards small firms was systemic
RBS has said it would not prevent the release of the FCAs report into Global Restructuring Group.
Photograph: Philip Toscano/PA
Royal Bank of Scotland misled parliament over the extent of its mistreatment of struggling business customers, the shadow Treasury minister has claimed.
Labours Clive Lewis told the Commons on Tuesday he has seen an un-redacted copy of the Financial Conduct Authoritys (FCA) investigation into practices at the banks restructuring unit, which states the lenders behaviour was systemic and widespread.
The shadow Treasury minister added that the …
Read the full article at: https://www.theguardian.com/business/2018/feb/06/rbs-misled-mps-in-customer-mistreatment-scandal-labour-claims