RBS settles swap mis-selling case

RBS has settled a case with businessman Stuart Wall, who accused the bank of mis-selling an interest rate swap. He lodged a claim worth about £670m after his firm collapsed into administration in 2013. The case “has been settled without any admission of liability by the bank. The terms of the settlement are confidential,” a statement said.

The Daily Telegraph, Business, Page: 26   The Times, Page: 48

Posted 24/08/2017