RBS still has not dealt with many of the problems of its past

The scandals around the bank may have been well documented, but significant questions remain unanswered, writes Ben Chapman

The new chief executive of RBS, Alison Rose (Inpho/Rex)

RBS may have a new name, but that will do nothing to erase its toxic reputation or its attempts to evade responsibility for past actions.

After running out of money in the financial crash and being bailed out by the government, it has been the bank’s customers that have chiefly borne the cost of mistakes made by RBS executives.

In a bid to shore up its disastrous balance sheet, RBS directed staff to bring in as much cash as possible. This took a number of forms over the years.