royal bank of scotland

RBS to compensate customers

Royal Bank of Scotland (RBS) has promised to compensate customers who were unable to make card payments yesterday evening.

Customers from RBS , Natwest and Ulster Bank were all affected by the systems issue which left many customers being unable to make credit and debit card payments between 18:30 and 21:30.

In a statement released this morning, RBS wrote: “We would like to...

Report into RBS passed to watchdogs

Business secretary Vince Cable has passed a report that claims RBS has put some “good and viable” businesses into default financial regulators.

Government advisor, Lawrence Tomlinson has released a report today which focuses on the way that RBS has been operating its Global Restructuring group (GRG).

The GRG is the ‘turnaround’ division of RBS which takes loans viewed as risky...