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    Bankers really are a bunch of............................

    RBS 'drove businesses to collapse before stripping their assets'

    Bank faces FCA inquiry over allegations of 'unscrupulous' treatment of small businesses

    Royal Bank of Scotland is facing an inquiry by banking regulators into allegations that it drove firms to collapse in order to buy back their assets at rock-bottom prices.

    A report into the bank's "unscrupulous" treatment of small businesses has been passed to the Financial Conduct Authority by the Department for Business, Innovation and Skills. Last night the FCA said it was examining the allegations made but would not comment further.

    The Business Secretary Vince Cable said some of the allegations were "very serious", adding he was waiting for an "urgent response as to what actions have been taken".

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