Latest News


February 16, 2018

Leaked: Uncensored Promontory GRG Report

The unredacted report into Royal Bank of Scotland’s (RBS) Global Restructuring Group (GRG) was leaked on Monday 12th February 2018, exposing the mistreatment of small businesses […]
February 9, 2018

FCA faced with deadline to publish GRG report

Chair of the Treasury Select Committee (TSC), Nicky Morgan, has given a deadline to the Financial Conduct Authority (FCA) to publish the report into Royal Bank […]
February 5, 2018

TSC launches investigation following GRG Scandal

Two parliamentary committees have launched investigations into small business finance to learn lessons after the Global Restructuring Group scandal. The Treasury Select Committee (TSC) and the […]
February 2, 2018

Summary: Treasury Select Committee Hearing on RBS GRG

On January 30, RBS CEO, Ross McEwan, RBS Chairman, Sir Howard Davies and Managing Director of Promontory, Tony Boorman, stood in front of the Treasury Select […]
January 30, 2018

FCA to publish S166 report into the Global Restructuring Group

Earlier today, Royal Bank of Scotland (RBS) CEO, Ross McEwan, and Tony Boorman, Managing Director at Promontory Financial Group stood in front of the Treasury Select […]
January 25, 2018

HSBC to pay £72m in DOJ currency rigging settlement

The high street bank, HSBC, has agreed to settle a case with the US Department of Justice over currency rigging for just over $100m (£72m), as […]