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Fca Takes No Action Against Rbs Over Small Business Unit - Latest News


UK watchdog takes no action against RBS over small business unit

LONDON: Britain’s markets watchdog said it will take no enforcement action against Royal Bank of Scotland over alleged mistreatment of its small business customers ... bankruptcy and that RBS’s Global ... read more

FCA to take no action against RBS over GRG scandal

(Sharecast News) - The Financial Conduct Authority said it would take no action against Royal Bank of Scotland or former managers of the bank's GRG unit over its treatment of small business ... over h... read more

FCA admits it can't take action against RBS on SME abuse

The Financial Conduct Authority (FCA) has admitted it can’t take any action against Royal Bank of Scotland (RBS) or its senior managers over its scandal-ridden small and medium company lending busines... read more

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FCA considers further action on RBS turnaround unit

The City watchdog is assessing whether it can take "further action" over state ... treatment of small businesses, after an independent review. The review was launched after allegations that RBS's Glob... read more


UK lawmakers call for new powers for watchdog after inaction on RBS

The Financial Conduct Authority (FCA) said it was taking no enforcement action against the bank or staff in its Global Restructuring Group (GRG) unit ... found no evidence that RBS transferred otherwi... read more

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

Royal Bank of Scotland and its senior managers will not face disciplinary action over ... unit. However, it said there was no evidence that “defaults were engineered to transfer businesses to GRG simp... read more

Small businesses to launch £1bn legal action against RBS in early 2017

Legal action on behalf of over 100 small ... GRG unit. The watchdog's report was initially due out before the end of 2015, but the publication date has since been pushed back. "It is increasingly clea... read more

FCA pressed to publish full RBS report after 'whitewash' claims

RGL Management Ltd, a company formed to take action against RBS over the behaviour of GRG ... Scotland said it would look into how the bank had treated small businesses, but the FCA made no mention of ... read more

UK watchdog takes no action against RBS' restructuring unit

LONDON (Reuters) - Britain's markets watchdog said it has closed its enforcement investigation into alleged mistreatment by Royal Bank of Scotland of small business customers, and no action wi... read more

FCA defends decision not to act over RBS small firms scandal

GRG, the bank's now-defunct turnaround unit, was accused of pushing small ... any action that could be taken against senior management or RBS. "It is important to recognise that the business of GRG wa... read more

FCA considers further action on RBS turnaround unit

The City watchdog is assessing whether it can take "further action" over state-backed Royal Bank of Scotland (LSE: RBS.L - news) 's controversial treatment of small businesses ... and there are no 'co... read more



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