RBS and the Financial Crisis: A Retrospective

This chapter examines the financial struggles of the Royal Bank of Scotland during the global financial crisis, highlighting their risky acquisition of ABN Amro and the subsequent near-collapse of the bank. It contrasts the UK's and US's responses to the crisis, discussing the enduring impacts of financial deregulation and the implications of government bailouts on taxpayers. The narrative also reflects on the evolution of NatWest and RBS, focusing on their recovery and changes in regulatory approaches since the crisis.