Entrepreneur backs FSA report into failings at the Queen’s bank

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldHealthyGem”My 600-lb Life” Star Dropped 420 Pounds, See Her NowHealthyGem Tags: NULL whatsapp Entrepreneur backs FSA report into failings at the Queen’s bank Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof KCS-content center_img whatsapp Sunday 19 December 2010 10:16 pm TYCOON Sir Keith Mills has welcomed the investigation of the Royal Bank of Scotland by the FSA, in the hope it sheds light into failings at the Queen’s bank Coutts.The millionaire is in the process of suing the bank, a division of RBS, after he was advised to invest £65m of his fortune in AIG Life Premier Bonds.The bank assured Sir Keith, who made his name as the man behind Air Miles and the Nectar loyalty card, that his money would be safe in AIG, before the insurer hit financial difficulties last year.The FSA last week said it would publish a report into failings at RBS which led to its government bailout.Sir Keith said: “I am delighted that the FSA has initiated an investigation into the sale of AIG bonds by Coutts. I have long maintained that Coutts misrepresented the nature of the investments it sold to me and others.” Show Comments ▼ Sharelast_img

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