RBS destroyed customers' businesses for profit and rewarded staff who targeted struggling firms, leaked files suggest
The Royal Bank of Scotland has come under increased scrutiny today after leaked files emerged that indicate it deliberately destroyed customers' businesses in order to boost profits.
New documents show a project, labelled by one executive as an email as a 'dash for cash', crippled firms as it dangled hefty bonuses to staff who targeted firms to be 'restructured.'
RBS, which was bailed out in the financial crisis by taxpayers, allegedly destroyed thousands of businesses during the crisis to boost profits, according to the secret documents obtained by BuzzFeed News and the BBC.
Tonight,... read more