'Economic violence' caused RBS to fail, new study suggests
Monday, June 25, 2012 - 03:20
in Mathematics & Economics
University academics look at bank's management and discover why the bank failed. The management style adopted by former senior executives at the Royal Bank of Scotland amounted to economic violence used to build their reputation and win City backing for their disastrous expansion of RBS, according to an in-depth study by management experts from Newcastle University Business School and the University of Leicester.