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BBC Documentaries: Season 2011

2011x217 RBS: Inside the Bank That Ran Out of Money
TV-PG

  • 2011-10-17T20:00:00Z on BBC News
  • 1h
  • United Kingdom
  • English
The Royal Bank of Scotland was once a famous Scottish institution; a bank with a reputation for prudence. But in October 2008, less than a decade after Fred Goodwin took over as chief executive, it came within hours of collapsing. RBS later posted the biggest loss in UK corporate history - 24 billion pounds - which damaged the bank's reputation for financial prudence and Scotland's image as a global financial centre. Using previously unbroadcast footage of the bank's top executives and interviews with bank insiders, this documentary tells the compelling story of a national catastrophe.
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