Tuesday 26 November 2013

Tuesday, November 26, 2013 Posted by Hari No comments Labels: ,
Posted by Hari on Tuesday, November 26, 2013 with No comments | Labels: ,

SOURCE GUARDIAN: RBS accused of pushing small businesses to the edge to boost profitsCity regulators have been handed a dossier of evidence compiled by an adviser to Vince Cable which claims that Royal Bank of Scotland was deliberately wrecking viable small businesses to make profits for the bailed out bank. Cable, the business secretary – a long-time critic of the banking industry's lending practices – said some of the allegations were so serious that he had handed the report, compiled by businessman Lawrence Tomlinson, to the regulators and the bank.


Interest Rate Swap mis-selling to small businesses: See how the banks have hijacked the compensation procedures


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