Reports Link UK Treasury To RBS’ Small Biz Restructuring Scandal
PYMNTS
JANUARY 30, 2019
Treasury’s Asset Protection Agency (APA) allegedly influenced the strategy of RBS’s Global Restructuring Group (GRG), the unit found to have unfairly treated small business customers and pushed some into insolvency. ” The Treasury declined to comment, while RBS denied the reports. ” Ripple Effects. .
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