LONDON (Reuters) – Royal Bank of Scotland (RBS.L) said on Monday the potential bill for claims against its small business restructuring division will remain at 400 million pounds after misconduct allegations against it were dismissed by Britains financial regulator.
Britains Financial Conduct Authority on Monday published a detailed summary of a report into RBS Global Restructuring Group (GRG). Customers have accused the GRG of pushing ailing firms into bankruptcy to pick up their assets on the cheap.
The FCA last year effectively cleared RBS of …
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