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A leaked Financial Conduct Authority (FCA) report says RBS management "turned a blind eye" to failings in its scandal-hit Global Restructuring Group (GRG), the Mail on Sunday reports. The unpublished report is said to reveal that RBS management pressured staff members to squeeze companies for larger

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Royal Bank of Scotland is set to shed nearly 160 employees as it closes a total of 62 branches across Scotland, it announced today. The announcement from the bank - which is still 72 per cent state-owned - comes just nine months after RBS's announcement of 30 branch closures.

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Paul Johnston Glasgow-based private equity firm Maven Capital Partners has announced the opening of Hotel Indigo Cardiff, following its investment in the £17.5m 122-bed boutique development.

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