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Shredded: Inside RBS: The Bank That Broke Britain

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An award-winning journalist details the near-collapse of the Royal Bank of Scotland in the late 2000s.

For a few brief months in 2007 and 2009, the Royal Bank of Scotland was the largest bank in the world. Then the Edinburgh-based giant—having rapidly grown its footprint to 55 countries and stretched its assets to £2.4 trillion under its hubristic and delinquent former boss Fred Goodwin—crashed to earth.


In Shredded, author Ian Fraser explores the series of cataclysmic misjudgments, the to...