Page 6 - RBS GRG F Case Study

Global Restructuring Group

RBS has, since 2013, been subjected to a number of well-

publicised and serious allegations in relation to the

conduct of its Global Restructuring Group (“GRG”) often

being portraying as

“a bank which shows such utter contempt for small

businesses and the rule of law…and It gets worse.” (2)

Between 2008 and 2013 RBS put 16,000 business

customers into its GRG division, telling many it was there

to help turn their fortunes around. (1)

The Telegraph Newspaper reported how:

“On Saturday 28 December 2013 Neil Mitchell a business

owner whose firm was “minced” by RBS Global

Restructuring Group (GRG) appeared on the Keiser
Report. Neil has campaigned against GRG for several

years, providing evidence of massive GRG fraud, including

pressuring SME’s to deny HMRC of taxes, 3 years ago to

Stephen Hester and Sir Phillip Hampton.” (2)