Guest column: Daniel Fallows – Uncovering RBS’s downgrade to GRG compensation scheme

Daniel Fallows, director at Seneca Banking
Daniel Fallows, director at Seneca Banking, reveals an untold change to RBS’s review scheme for businesses affected by the bank’s Global Restructuring Group division. Royal Bank of Scotland has been the subject of shame and degradation after secret files revealed that the bank's former turnaround division, Global Restructuring Group (GRG), targeted 16,000 businesses, scooping them of their profits and stripping them of their assets. Viable businesses were allegedly placed under GRG control and charged excessive fees to boost... For the full story register now for free or login below...