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February 23, 2018

Damning GRG report finally released to public

As previously reported, the FCA report, which reviews the conduct of the Royal Bank of Scotland (RBS) and its Global Restructuring Group (GRG) towards SME customers […]
February 19, 2018

MPs handed damning report but FCA refuses to publish

Last week, the Treasury Select Committee gave the FCA until Friday to publish the recently leaked report into RBS’s Global Restructuring Group. The FCA have refused […]
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 […]