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No Fca Action Against Rbs After Mistreatment Of Small Businesses - Latest News


RBS boss backs calls for regulation of small business lending after GRG scandal

Royal Bank of Scotland’s boss has called for regulation of small business lending in the UK, despite dodging disciplinary action over the mistreatment of ... business lending helped RBS avoid discipli... read more

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 ... that the FCA’s conclusions were correct an... read more

RBS told no enforcement action by FCA over alleged mistreatment of small business customers

"The fact that we can't take action in no way ... detailing mistreatment by the GRG during and after the financial crisis RBS – which reports its first-half results on Friday – has set aside £400mln t... read more

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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


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, accused by small firms ... ministry said the mist... 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's controversial treatment of small businesses, after an independent ... and there are no 'c... 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 the treatment of small ... was no evidence that “defaults were engineered to transfer businesses to GRG simply to ... read more

FCA defends decision not to act over RBS small firms scandal

Some firms said they were pushed into bankruptcy after ... against senior management or RBS. "It is important to recognise that the business of GRG was largely unregulated and the FCA's powers to take ... 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 (RBS.L) of small business customers, and no action wi... read more



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