The Scotsman

2016

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- August: RBS abandons the creation of the stand-alone bank that would be called Williams & Glyn, meant to be part of EU state aid requiremen­ts.

- November: RBS sets aside £400m to help cover the automatic refund of complex fees and a complaints process over its treatment of customers at the now defunct Global Restructur­ing Group. The scandal will continue to grip the bank two years on. - December: RBS reaches a settlement with claimant groups over a legal case relating to its 2007 rights issue. The bank sets aside £800m to cover the total costs of settling with all parties.

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