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RBS "Royal Bank Of Scotland In Danger Of Failing Within 10 years...."they also own citizens bank"

 
Uncle Fuck Stick
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06/01/2014 09:48 AM

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RBS "Royal Bank Of Scotland In Danger Of Failing Within 10 years...."they also own citizens bank"
[link to www.dailymail.co.uk]

The Royal Bank of Scotland is in danger of failing within the next decade and putting the British taxpayer's £45 billion stake at risk, a new study has claimed.
The book, by financial expert Ian Fraser, warns there is a £100 billion 'black hole' in the disgraced bank's finances despite the massive bailout it received.
Fraser blames 'five broad areas of alleged criminality and wrongdoing' and said Gordon Brown and David Cameron's governments failed to reform it properly

RBS, which had a bonus pool of £900million last year, brought the UK to the brink of financial ruin under the stewardship of Fred 'The Shred' Goodwin in autumn 2008.
Since then RBS has been at the centre of a string of scandals that have cost the bank – still 81 per cent owned by taxpayers – billions in fines and settlements.
It has already paid out £2.2 billion on PPI loan insurance, £750 million for interest rate swaps and £390 million for its role in the Libor scandal and some £60 million for violating US sanctions.


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Uncle Fuck Stick (OP)
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Re: RBS "Royal Bank Of Scotland In Danger Of Failing Within 10 years...."they also own citizens bank"
Thread: Royal Bank of Scotland "who owns Citizens Bank" nears junk bond status after Moody's downgrade
Anonymous Coward
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06/01/2014 09:49 AM
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Re: RBS "Royal Bank Of Scotland In Danger Of Failing Within 10 years...."they also own citizens bank"
RBS is a complete clusterfuck.
Anonymous Coward
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06/01/2014 09:49 AM
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Re: RBS "Royal Bank Of Scotland In Danger Of Failing Within 10 years...."they also own citizens bank"
10 years?

cruise
Uncle Fuck Stick (OP)
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06/01/2014 09:51 AM

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Re: RBS "Royal Bank Of Scotland In Danger Of Failing Within 10 years...."they also own citizens bank"
10 years?

cruise
 Quoting: Anonymous Coward 58728429


Right!!!

A lot sooner than that,

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