Former Rbs Boss Is Given City Ban

Summary


The former boss of Royal Bank of Scotland's investment banking business has been banned from ever holding a senior role in the City again.

The Financial Services Authority (FSA) said Johnny Cameron had agreed to the decision following an investigation into systems and controls in the global markets division at RBS, launched in the wake of the bank's near-collapse and subsequent taxpayer bail-out.

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Extract


Former Rbs Boss Is Given City Ban

Mr Cameron will not face a fine as a result of his settlement, but will never be able to ho...

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