Re: Ulster Bank fine
"If they're both (parent and child) that incompetent, why weren't they forced out of offering financial services? "
RBS are the biggest bank in Europe, and are protected by two talismen: their vast lobbying influence, and their "too big to fail" status. And who would benefit? The behaviour of other banks is almost as reprehensible - they all got fined over PPI, for example, even the "ethical" Co-op bank had to put aside hundreds of millions of pounds for this.