Legal action against Royal Bank of Scotland gathers pace as 50 claimants accuse bank of pushing firms to bankruptcy for profitSmall businesses alleging that Royal Bank of Scotland drove them to the wall for its own profit are to lodge claims worth more than £1bn against the bailed-out bank after securing legal and financial backing.
RGL Management,formed to gather claims against RBS over the conduct of its now defunct Global Restructuring Group, is understood to fill processed 50 claimants less than a month after its launch. Related: Report on RBS treatment of small-business customers delayed Continue reading...
Source: theguardian.com