Response from Stephen Hester of RBS to Chairman of the Treasury Committee, re FSA Investigation into RBS

Royal Bank of Scotland

The Group Chief Executive of RBS, Stephen Hester, has replied to a letter from the Chairman of the Treasury Committee, Andrew Tyrie MP. In the letter, Hester confirms that RBS has no objection to a public discussion of the key issues which led to its need for re-capitilisation during the financial crisis. He also agrees to make public the report into the re-capitilisation, and certain other confidential material.

Date

December 16, 2010