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| Version 1 | Version 2 |
|---|---|
| Ex-RBS man impersonates bond salesman after redundancy | Ex-RBS man impersonates bond salesman after redundancy |
| (35 minutes later) | |
| A former manager at Royal Bank of Scotland impersonated a bond salesman at the bank after he lost his job in its property services division. | A former manager at Royal Bank of Scotland impersonated a bond salesman at the bank after he lost his job in its property services division. |
| KK Ho printed business cards describing himself as a bond salesman. He also attended internal meetings and met customers. | KK Ho printed business cards describing himself as a bond salesman. He also attended internal meetings and met customers. |
| RBS said the individual had not performed any regulated activity. | |
| The bank said it had taken "appropriate actions" as soon as the issue was detected. | The bank said it had taken "appropriate actions" as soon as the issue was detected. |
| "RBS identified an issue whereby an employee acted outside his given role. As soon as this was detected, it was fully investigated," said Sarah Small, an RBS spokeswoman. | "RBS identified an issue whereby an employee acted outside his given role. As soon as this was detected, it was fully investigated," said Sarah Small, an RBS spokeswoman. |
| The details of the strange case, first reported by Bloomberg, emerged when another RBS employee cited it in a complaint that he filed over an employment dispute. | |
| Mr Ho is believed to have carried out the impersonation for just a matter of weeks, after he was made redundant from his position in the property services unit. | Mr Ho is believed to have carried out the impersonation for just a matter of weeks, after he was made redundant from his position in the property services unit. |
| He continued to have access to the bank's buildings to enable him to use its facilities to help him find a new role. | He continued to have access to the bank's buildings to enable him to use its facilities to help him find a new role. |
| Mr Ho is not believed to have profited from the deception. | Mr Ho is not believed to have profited from the deception. |
| RBS reported the case to the then banking regulator, the Financial Services Authority, when it discovered the deception. | RBS reported the case to the then banking regulator, the Financial Services Authority, when it discovered the deception. |