Post Profile






Meet The People Who Say Their Firms Were Destroyed By RBS

Thousands of leaked documents revealed by BuzzFeed News and BBC Newsnight show how RBS's troubled business division, Global Restructuring Group (GRG), systematically crushed thousands of businesses after the financial crash by draining them of cash and stripping their assets. The files reveal 16,000 firms were sucked into GRG in the recession -- including hundreds of farms, care homes, schools and nurseries, and hotels.
read more

share

Related Posts


RBS Looted Small Business Customers, Deliberately Driving Thousands in Bankruptcy, While Under Government Ownership

Business & Finance / Economics : Naked Capitalism

How RBS destroyed thousands of small UK businesses for fun and profit.

RBS deliberately crushed more than 1,000 healthy UK businesses to seize and sell their assets

Humor / odd : Boing Boing

RBS, the bank that UK taxpayers bailed out during the financial crisis, after its reckless speculation drove it to bankruptcy, ran a fake "restructuring unit" that was pitched to business customers as a way of helping them weather t...

RBS 'drove small businesses to the wall' for financial gain

Business & Finance / Mortgage & Banking : Mortgage Lender Implode-O-Meter

``"From the cases I have heard, it is clear that a perception has arisen that the intention is to purposefully distress businesses to put them in GRG and subsequently take their assets for the West Register at a discounted price," M...

R3 Researcher Tim Swanson Says Not All Start-Ups Can Meet Their Claims

Business & Finance : Newsweek: Business

This article was originally published by International Business Times.   Tim Swanson, head of market research for the R3 technology group, is a divisive figure within the world of cryptocurrency. But whether you enjoy reading Tim's ...

An RBS executive gave us a detailed response to allegations the bank pushed businesses into default

Business & Finance : Business Insider: Clusterstock

The Royal Bank of Scotland is back in the spotlight. A number of businesses claimed the lender pushed them into default for profit, and leaked documents to Buzzfeed and the BBC. You can see more information and the leaked documents ...

Comments


Copyright © 2016 Regator, LLC