Page 41 - RBS GRG F Case Study

McEwan said:

"Reaching this settlement in principle with the US
Department of Justice will, when finalised, allows us to

deal with this significant remaining legacy issue and is the

price we have to pay for the global ambitions pursued by

this bank before the crisis."

In December 2017 RBS had announced it was closing 259

U.K. branches, claiming the move reflected the growing

popularity of online banking.