Committees

RBS's Global Restructuring Group and its treatment of SMEs inquiry

Inquiry

Global Restructuring Group, or GRG, was a business support unit at RBS that operated between 2008 and 2014.The Committee has longstanding concerns about the treatment of small businesses referred to GRG. It has pressed for the disclosure of the results of a review commissioned by the regulator, the Financial Conduct Authority. And it has sought additional evidence from RBS.

The Committee will continue its work bringing transparency to this issue by holding a one-off evidence session with the authors of the review—Promontory—and RBS's Chief Executive, Ross McEwan.

Work news

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RBS Chief Executive Ross McEwan "withheld information" during evidence
Treasury Committee publishes correspondence between RBS Chief Executive and Chair following evidence session
14 September 2018
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Almost all senior RBS Restructuring employees worked at GRG
Treasury Committee publishes supplementary addendum from RBS on GRG employees
27 February 2018
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Treasury Committee publishes RBS-GRG report
Treasury Committee agree to publish underacted RBS-GRG skilled persons' report
20 February 2018
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Treasury Committee publishes documents relating to RBS' Global Restructuring Group
Treasury Committee publishes letters between itself and Ross McEwan, Chief Executive of RBS
17 January 2018
Total results 4 (page 1 of 1)

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