RBS management style used ‘economic violence’ to wield power that led to bank's failure, new study suggests

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Published by University of Leicester Press Office for University of Leicester in Education and also in Communities

The management style adopted by former senior executives at the Royal Bank of Scotland amounted to ’economic violence’ used to build their reputation and win City backing for their disastrous expansion of RBS, according to an in-depth study by management experts from the University of Leicester and Newcastle University Business School. The authors of the study use the term ’economic violence‘ to describe a style of leadership based on threatening employees with redundancy and forcing them to meet aggr...

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