Former Royal Bank Quartet Intend to Root Out Rogue Traders

The HeraldFebruary 28, 2005

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Summary


FOUR former senior bankers from Royal Bank of Scotland have formed a specialist treasury consultancy that aims to help clients root out rogue traders such as Nick Leeson and John Rusnak.

Well-known Scottish banker John Wright, a former chief executive of the Clydesdale and former chairman of Edinburgh Fund Managers, will act as chairman of the consultancy.

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Extract


Former Royal Bank Quartet Intend to Root Out Rogue Traders

The firm, known as Xm International Associates was set up by David Peebles, Jim Kerr, Tom Nicol and Mike Gibb.

The four have worked in treasury and capita...

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