[Reuters] RBS CEO: Bank has under-invested in systems for decades

Posted by: UGN Security

[Reuters] RBS CEO: Bank has under-invested in systems for decades - 12/03/13 04:13 AM

LONDON (Reuters) - Royal Bank of Scotland's new boss admitted the state-backed bank had under-invested in its systems for decades and apologized for an "unacceptable" technology crash that affected more than 1 million customers on Monday.