If the FCA won’t regulate bad behaviour by banks such as RBS, then who will? This summer, the Financial Conduct Authority (FCA) confirmed that it would take no disciplinary action against Royal Bank of Scotland (RBS), despite its “widespread and systematic” mistreatment of SME customers at the hands of its restructuring arm GRG. This is disappointing, but it’s no surprise that the regulator is unable to do anything. The Senior [...]