Page 18 - RBS GRG F Teaching Note
P. 18
PEST - RBS
Regulatory pressures - required to
strengthen their compliance and risk
management infrastructure and culture.
Legacy fines e.g. mis-selling mortgage
bonds
New 8% government surcharge on U.K.
bank profits.
Brexit
Exchange Rates & Trade Wars
Low interest rates
Ageing population in U.K. means a
shift towards savings, investments
and wealth management.
Digital disruption, blockchain,
FinTech companies
Climate and ‘clean tech’ funding
Diagram 4: RBS Bank
