TITLE

Regulators hit RBS with £56m fine for IT failure

AUTHOR(S)
NORMAN, TESSA
PUB. DATE
November 2014
SOURCE
Mortgage Strategy;11/26/2014, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the fine imposed by Great Britain regulators Financial Conduct Authority (FCA) and Prudential Regulation Authority on Royal Bank of Scotland for an IT failure in 2012 that left customers unable to pay bills or get cash from their accounts.
ACCESSION #
108849186

 

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