RBS faces probe into IT meltdown

Press Association
RBS
RBS

An IT meltdown which locked Royal Bank of Scotland customers out of their accounts last summer is being investigated by the City regulator - potentially triggering a big fine for the part-nationalised bank.


The Financial Conduct Authority (FCA) has started an enforcement investigation after the fiasco in June and July, which saw payments go awry, wages appear to go missing and home purchases and holidays interrupted.
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