Royal Bank of Scotland logo at their headquarters in London
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RBS near-collapse caused by poor decisions

The near-collapse of Royal Bank of Scotland in 2008 was because of poor management decisions and inadequate regulation, the FSA has said.

The Financial Services Authority also admits its own supervision was "flawed" and "provided insufficient challenge" to RBS, but it says it has changed completely since then.

Robert Peston reports.

  • 12 Dec 2011
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