RBS used fees to 'encourage' firms to do things - Like ABL forcing their clients into insolvency to gorge on their assets

In the report produced by Clifford Chance for RBS found that "sought to encourage or incentivise a specific course of action by the customer through its pricing such as an exit or sale of assets to reduce the customer’s debt."

The law firm decided not to pass moral judgement, saying: "It is difficult for us to say that it is wrong in principle for the bank to use fees as a lever to persuade the customer to follow a particular course of action."

ADMIN: IN ASSET BASED LENDING THIS GOES ON DAY DAY OUT - IT IS SIMPLY CRIMINAL THAT IT IS ALLOWED TO CONTINUE WITHIN ABL WITH NO MEANS OF REDRESS