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Shredded - Inside RBS, The Bank That Broke Britain (Paperback, New Edition) Loot Price: R472
Discovery Miles 4 720
You Save: R47 (9%)
Shredded - Inside RBS, The Bank That Broke Britain (Paperback, New Edition): Ian Fraser

Shredded - Inside RBS, The Bank That Broke Britain (Paperback, New Edition)

Ian Fraser

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List price R519 Loot Price R472 Discovery Miles 4 720 You Save R47 (9%)

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This is the definitive account of the Royal Bank of Scotland scandal. For a few brief months in 2007 and 2009, the Royal Bank of Scotland was the largest bank in the world. Then the Edinburgh-based giant - having rapidly grown its footprint to 55 countries and stretched its assets to GBP2.4 trillion under its hubristic and delinquent former boss Fred Goodwin - crashed to earth. In Shredded, Ian Fraser explores the series of cataclysmic misjudgments, the toxic internal culture and the 'light touch' regulatory regime that gave rise to RBS/NatWest's near-collapse. He also considers why it became the most expensive bank in the world to bail out and why a culture of impunity was allowed to develop in the banking sector. This new edition brings the story up to date, chronicling the string of scandals that have come to light since taxpayers rescued RBS and concluding with an evaluation of the attempts of the bank's post-crisis chief executives, Stephen Hester and Ross McEwan, to dismantle Goodwin's disastrous legacy and restore the damaged institutions to health. 'A gripping account - RBS was a rogue business, operating in what had become a rogue industry, with the connivance of government. Read it and weep' - Martin Woolf, Financial Times

General

Imprint: Birlinn
Country of origin: United Kingdom
Release date: May 2019
Authors: Ian Fraser
Dimensions: 198 x 129 x 51mm (L x W x T)
Format: Paperback
Pages: 608
Edition: New Edition
ISBN-13: 978-1-78027-604-5
Categories: Books > Business & Economics > Economics > Financial crises & disasters
Books > Business & Economics > Business & management > General
Books > Humanities > History > History of specific subjects > History of specific institutions
Books > Business & Economics > Finance & accounting > Finance > Banking
Books > History > History of specific subjects > History of specific institutions
Books > Money & Finance > Banking
LSN: 1-78027-604-4
Barcode: 9781780276045

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