Royal Bank of Scotland

RBS Global Banking & Markets delivers financing, risk management and investment services to corporations, governments and financial institutions around the world.

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Gordon Brown memoirs: Barclays' RBS bid in 2008 is a staggering revelation

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Gordon Brown is not alone in thinking errant British bankers got off lightly in the 2008 financial crisis. We should also be worried that the former prime minister thinks the new criminal offence of reckless misconduct that causes a financial institution to fail, which was introduced after the crisis to address the perceived legislative weaknesses, may not be up to the job.

RBS heads for full 10 years without a profit

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Royal Bank of Scotland has reported three consecutive quarters of profits but says it is on track to report its 10th consecutive full-year loss as a result of a US penalty over toxic bond mis-selling that dates back to before the banking crisis.

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Gordon Brown memoirs: Barclays' RBS bid in 2008 is a staggering revelation

Gordon Brown is not alone in thinking errant British bankers got off lightly in the 2008 financial crisis. We should also be worried that the former prime minister thinks the new criminal offence of reckless misconduct that causes a financial institution to fail, which was introduced after the crisis to address the perceived legislative weaknesses, may not be up to the job.