Commercial lending to SMEs looks set to be regulated following a damming treasury select committee report about the behaviour of certain banks. The Royal Bank of Scotland's global restructuring group, GRG's behaviour to customers is described as "scandalous" by the committee. GRG is criticised for wanting to generate income rather than helping businesses in trouble. "The actions of GRG staff heaped untold misery on hard-working business owners, recklessly destroying livelihoods in pursuit of profit," concluded the committee. It referred to the notorious internal [...]