RBS Reports 'Deeply Troubling': Bank of England's Carney

Updated:

Loading
Bank of England Governor Mark Carney said he was concerned by reports that Royal Bank of Scotland mistreated small businesses and said the bank needed to be fully investigated. Carney said Britain's Financial Conduct Authority, which is not part of the BofE, was investigating the case, which had "to be tracked down to the full extent of the law." Britain's Finance Minister, George Osborne, expects better behavior from the bank.