Regulators fine three banks £56m for IT failures
Regulators have fined the Royal Bank of Scotland (RBS), NatWest and Ulster Bank £56m for IT failures which meant customers could not access banking services.
The FCA fined the banks £42m, and the Prudential Regulatory Authority fined it a further £14m. All three banks are part of the RBS group, which is partly owned by the taxpayer. The FCA said it has...
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