Bailey faces questions over agency linked to RBS scandal : v

Bailey faces questions over agency linked to RBS scandal


Bailey faces questions over agency linked to RBS scandal
By
Justin Cash
15
th March 2021
8:14 am
Bank of England governor Andrew Bailey is being asked questions over whether a government agency he helped devise could have been linked to RBS’ improper practices against small business clients.
Between 2009 and 2013, RBS has been accused of widespread mistreatment of customers in its Global Restructuring Group, putting its own interest ahead of its clients by forcing small business clients into financial ruin to the bank’s own financial benefit.
Bailey worked with the Treasury to create the Asset Protection Agency, which had oversight of RBS’s controversial division.

Related Keywords

Kevin Hollinrake , Andrew Bailey , Derek Sach , Asset Protection Agency , Global Restructuring Group , Asset Protection Scheme , ஆண்ட்ரூ பெய்லி , டெரெக் சாக் , உலகளாவிய மறுசீரமைப்பு குழு , சொத்து ப்ரொடெக்ஶந் திட்டம் ,

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