LONDON (Reuters) - Royal Bank of Scotland took a reckless gamble with its purchase of ABN Amro and its board failed to stand up to a hard-headed boss, dragging the bank to the brink of collapse three years ago, a report on Monday is expected to show. Britain's financial regulator -- the Financial Services Authority (FSA) -- is also expected to sharply criticise its own role in Britain's largest bank failure in the keenly awaited 500-page report, due out at 0600 GMT. ...
Wednesday, March 28, 2012
RBS and regulator face music on bank collapse
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment