SEC Charges Royal Bank of Scotland Subsidiary with Misleading Investors in Subprime RMBS Offering

... nearly 30 percent fell so short of the guidelines that RBS should have excluded them from the offering entirely. Stamford, Connecticut-based RBS, then known as Greenwich Capital Markets, quickly reviewed a very small portion of the loans and was ...

http://www.pressreleasepoint.com/sec-charges-royal-bank-scotland-subsidiary-misleading-investors-subprime-rmbs-offering