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Fca Defends Decision Not To Act Over Rbs Small Firms Scandal - Latest News


FCA defends decision not to act over RBS small firms scandal

The Financial Conduct Authority has defended its decision not to take punitive action against the Royal Bank of Scotland over the bank's treatment of small businesses by its global restructuring group ... read more

ALEX BRUMMER: The end game nears for RBS after 10 years of disastrous public ownership

It also has rightly shared blame for the Global Restructuring Group fiasco which is far from over. The over-enthusiastic way in which GRG put many small firms ... Financial Conduct Authority step into ... read more

The sorry history of the near-destruction of investment banking at RBS

The RBS collapse did not come suddenly ... “We have worked in line with the FCA agreed process to ensure that all customers mis-sold these products get fair and reasonable redress. In each case, the ... read more

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RBS managers will escape action over small firms scandal, says City watchdog

Royal Bank of Scotland and its senior managers will not face ... of small firms by GRG. It came amid widespread criticism over the FCA’s handling of the investigation and failure to make the report ... read more


FCA Forced To Defend Inaction Over RBS Turn Around Unit

Bailey had used an earlier speech to further explain the FCA’s decision to hold off disciplining anyone at RBS over ... small business owners by banks, the regulator was not yet looking at bringing in ... read more

FCA boss attacked for not probing whistleblower case

But he did not act ... over the FCA’s handling of London Capital & Finance, a firm that was pushing unregulated mini bonds whose £236m collapse in January has left 11,600 retail customers wondering if ... read more

FCA defends decision not to act over RBS small firms scandal

The Financial Conduct Authority has defended its decision not to take punitive action against the Royal Bank of Scotland (LSE: RBS.L - news) over the bank's treatment of small businesses by its global ... read more

FCA boss defends watchdog’s lack of action against RBS’s turnaround unit

Andrew Bailey has defended the Financial Conduct Authority’s lack of action against Royal Bank of Scotland over the way it treated small firms in its ... behind the FCA’s decision not to pursue any ... read more



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