Britain?s FSA Refuses To Publish Results Of Royal Bank Of Scotland Probe
Anger is growing all over Britain over the refusal by the Financial Services Authority to publish the result of its investigation of the Royal Bank of Scotland failure. The FSA commissioned PricewaterhouseCoopers to probe the RBS, which needed a $67.5 billion (GBP 45 billion) government bailout after the bank purchased ABN Amro for $73.5 billion (GBP 49 billion) and an $18 billion (GBP 12 billion) rights issue.
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