Shredded

This is the definitive account of the Royal Bank of Scotland scandal.For a few brief months in 2007 and 2009, the Royal Bank of Scotland was the largest bank in the world. Then the Edinburgh-based ...

This is the definitive account of the Royal Bank of Scotland scandal.For a few brief months in 2007 and 2009, the Royal Bank of Scotland was the largest bank in the world. Then the Edinburgh-based giant - having rapidly grown its footprint to 55 countries and stretched its assets to £2.4 trillion under its hubristic and delinquent former boss Fred Goodwin - crashed to earth.In Shredded, Ian Fraser explores the series of cataclysmic misjudgments, the toxic internal culture and the ''light touch'' regulatory regime that gave rise to RBS/NatWest''s near-collapse. He also considers why it became t