Reply to post: Re: 19:00, day 4, still broke

UK 'meltdown' bank TSB's owner: Our IT migration was a 'success'

Electric Panda

Re: 19:00, day 4, still broke

You know, it's totally terrifying.

RBS nearly packed up in 2012 because of their computer issues. Apparently, all that saved them was the fact that the botched upgrade had only been applied to Natwest and Ulster Bank leaving the main RBS retail arm untouched.

Had that also gone wrong, that could have sunk the entire RBS Group as they would have no transaction history. You don't recover from something like that.

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