Posts Tagged ‘secrecy penalty’

RBS Hit By £28m Secrecy Penalty

Thursday, April 1, 2010 19:41 No Comments

RBS has been fined £28.6 million by the competition watchdog after two employees of the bank revealed details of its loan prices to Barclays. RBS was hit with the penalty following a two-year probe by the Office of Fair Trading after Barclays came forward in March 2008.
The two employee told RBS’s competitor the cost of [...]

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