As RBS remains in the red, in the third part of our series financial experts ask whether enough has been done to prevent a repeat of the global crash Ten years ago, Royal Bank of Scotland was battling with Barclays to take over a Dutch rival, ABN Amro. RBS eventually slapped £49bn on the table and won. It was to be a transformational deal, and it certainly was - but not in any way that the boss of RBS at the time, Sir Fred Goodwin, had ever planned. Today, the Edinburgh-based bank is still disp...
Credit crunch, 10 years on: fate of RBS shows global crisis is not over
The Guardian - 4 Aug 2017 16:55
As RBS remains in the red, in the third part of our series financial experts ask whether enough has been done to prevent a repeat of the global crash Ten years ago, Royal Bank of Scotland was battling with Barclays to take over a Dutch rival, ABN Amro. RBS eventually slapped £49bn on the table and won. It was to be a transformational deal, and it certainly was - but not in any way that the boss of RBS at the time, Sir Fred Goodwin, had ever planned. Today, the Edinburgh-based bank is still disp...
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