The RBS crisis: a timeline of events

From the bank’s ill-fated 2007 takeover of ABN Amro to the exit of Fred Goodwin and shareholders’ £520m lawsuit Royal Bank of Scotland’s problems date back to the £49bn record-breaking takeover of Dutch bank ABN Amro in 2007. In April 2008, RBS tried to boost its finances through a £12bn cash call but this was not enough to prevent it needing a £45bn taxpayer bailout six months later. Since its rescue by the government, RBS has not made a profit and admi