20-10-2017 20:09 via uk.news.yahoo.com

RBS restructuring unit probed over claims it profited from stricken firms

Police in Scotland are looking into allegations a controversial division of Royal Bank of Scotland (RBS), set up to restore struggling companies to health, broke the law in its dealings with them.More than 90% of the firms put into RBS' Global Restructuring Group (GRG), established after the financial crisis, are understood to have suffered "inappropriate action" against them by the bank, according to a Financial Conduct Authority (FCA) report leaked in August.Police Scotland says it is a scopin
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