Bad decisions not fraud at RBS, concludes FSA

Published on

The FSA has completed its supervisory investigation into the Royal Bank of Scotland.

In May 2009 the FSA launched a supervisory investigation into Royal Bank of Scotland Group (RBS), as one of the UK banks that required partial taxpayer bailout support. This work considered if regulatory rules had been broken and what, if any, action was appropriate.The FSA said the review was “necessarily extensive”” and looked specifically at the conduct of senior individuals at the bank

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

HSBC lowers rates across residential and buy-to-let ranges

HSBC UK is reducing a broad range of residential and buy-to-let mortgage rates, with...

UTB backs calls for homebuying reform

United Trust Bank has backed calls from the Housing Select Committee for a legal...

InterBay completes £17.5m remortgage on SE rental scheme

InterBay has completed a £17.5m interest-only remortgage on a new residential apartment development in...

OneDome commits £5m to broker growth programme

OneDome has launched a Growth Accelerator programme for members of the Mortgage Intelligence network,...

Jeremy Duncombe to retire as the Yorkshire reshapes homes division

Jeremy Duncombe is to retire from Yorkshire Building Society after supporting a transition that...

Latest publication

Other news

When the market gets messy, control matters more than ever

There is a tendency to look at the current market and focus purely on...

HSBC lowers rates across residential and buy-to-let ranges

HSBC UK is reducing a broad range of residential and buy-to-let mortgage rates, with...

UTB backs calls for homebuying reform

United Trust Bank has backed calls from the Housing Select Committee for a legal...