RBS

An 80 year old man suffering from cancer lost £500,000 after a Royal Bank of Scotland adviser sold him a pension from Aviva, which saw the insurer keep almost all of the money as he died before it began paying an income.

Sir Fred Goodwin could face criminal charges after the FSA's report into the collapse of the Royal Bank of Scotland (RBS) suggested the bank's directors broke Britain's accountancy laws.

The Financial Services Authority has boosted its staff numbers since the financial crisis, when just four and a half employees were tasked with regulating the Royal Bank of Scotland.

There are many lessons to be learned from the near-collapse of RBS. Special advisers to the Treasury Select Committee Bill Knight and Sir David Walker set out what they believe were the four main mistakes which led to the bank's downfall - and how they...

The FSA's "deficient" supervision of banks in the run-up to the 2008 financial crisis was partly down to the diversion of senior managers' attention toward matters seen as more pressing at the time, such as the retail distribution review (RDR) and Equitable...

Royal Bank of Scotland chief executive Fred Goodwin's alleged affair had no impact on the downfall of the bank, the Financial Services Authority (FSA) has decided.

Royal Bank of Scotland(RBS) nearly collapsed in 2008 because of poor management, inadequate regulation and a flawed supervisory system, a Financial Services Authority report published today has said.

The Money Advice Service (MAS) has launched a review into the educational work of the financial services industry to encourage greater understanding of money among young people in the UK.

Regulators should be given greater powers to block hostile bank takeovers in order to avoid a future crisis like the one that forced Royal Bank of Scotland's (RBS's) into a £45bn taxpayer bail-out, the chairman of the Financial Services Authority (FSA)...

Leading fund managers, including L&G and Jupiter, have stepped up their attack against huge pay rises at the UK's biggest banks.