accounting; RBS bank

Explain why RBS bank collapsed, citing corporate governance failures.

You are required to explain the reasons for the failure of RBS in 2008.

You should highlight any corporate governance failures and explain how they did not meet the standards of good corporate governance. You should link these failures to any changes that have subsequently been made in the UK Code and Corporate Governance environment and evaluate whether these will prevent future failures.

You should focus on corporate governance mechanisms.

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