PwC to investigate RBS directors over rights issue

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PwC to investigate RBS directors over rights issue

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05-18-2009, 12:40 PM

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PwC to investigate RBS directors over rights issue

According to The Sunday Telegraph, the Financial Services Authority (FSA) has asked PricewaterhouseCoopers (PwC) to conduct an inquiry into the board of directors at RBS (RBS) with regard to the £12 billion rights issue carried out last year. The investigation will examine the bank’s risk management process and establish whether the stock market was properly [...]

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