Article 2Q7T5 RBS shareholders take battle over cash call to high court

RBS shareholders take battle over cash call to high court

by
Jill Treanor
from on (#2Q7T5)

Case will see disgraced former boss Fred Goodwin forced to defend accusations investors were misled into buying shares

A 520m case is scheduled to begin in the high court on Monday that will scrutinise the months leading up to Royal Bank of Scotland's 45bn bailout at the height of the financial crisis.

Along with other directors, the disgraced former RBS chief executive Fred Goodwin will be forced to defend accusations that investors were misled into buying shares in the Edinburgh-based bank.

Related: RBS shareholders take battle over cash call to high court

Related: Royal Bank of Scotland - a timeline of events

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/business/economics/rss
Feed Title
Feed Link http://feeds.theguardian.com/
Reply 0 comments