Global Restructuring Group
Designed to distress.

Seneca Banking have previously recovered £2.75m in relation to GRG claims and have also recovered just under £100 million in total compensation for clients.

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Have you been affected by GRG?

Following the recent announcement of £400m set aside by RBS in relation to GRG (Global Restructuring Group), Seneca Banking Consultants have been providing numerous RBS customers with support and guidance.

Seneca Banking are at the forefront of winning compensation for businesses mistreated by the Banks. Seneca have previously recovered £2.75m in relation to GRG claims and have also recovered just under £100 million in total compensation for clients.

We can provide the ideal solution for you and ensure that you receive the redress that you deserve.

How can Seneca help?

As GRG experts, Seneca have long been pursuing the release of the FCA’s report and are able to offer full support to customers who have suffered at the hands of GRG.

Utilising our specialist knowledge of Bank misconduct we can review your experience and advise you on the options available. It is essential that you are well advised throughout any potential redress.

Seneca have recently been featured on the Business Desk for our work in relation to GRG. You can see this post here. Seneca found that the recent RBS complaints scheme has been altered by RBS without any notification to applicants.

To coincide with our findings, we have recently released a white paper which you can take a look at using the link below.

  • “The introduction of the Complaints Review scheme is just the tip of the iceberg. Having assisted customers of GRG for over 4 years, this should be the first of many steps that RBS should take to compensate those who have been affected.”

    - Daniel Fallows, Seneca Director

Can I still claim?

If you believe you have been affected by GRG, you can still make a claim. Regardless of whether or not your company has been dissolved, you can still make a claim if you qualify as an Interested Party. Being a shareholder, former director, administrator, liquidator or a major creditor means you would be eligible.

How long will the process take?

Each complaint is handled on a case by case basis, with the time required to resolve each complaint varying. However, it is essential that you have people who understand the review process and can put pressure on the Bank to ensure your complaint is being processed as quickly as possible.

How much can I claim?

You may be willing and encouraged by the Bank to settle for just a refund of fees, when in fact you may be entitled to more. If you feel that you may not be able to negotiate your offer with the Bank, Seneca can provide support and guidance to ensure you receive the proper redress you deserve.

How do I know if I was correctly placed into GRG?

There is no prescribed test to which business and situations would trigger the transfer of a business into GRG. The unit was initially set up to help struggling businesses, however, successful and well run businesses were often put into GRG, as the Bank saw an opportunity to ensure as much capital for themselves as possible.

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  • Get in touch with Seneca today.

    We can offer guidance and support to help you receive the compensation you deserve.





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Seneca Banking Consultants Limited is regulated by the Claims Management Regulator in respect of regulated claims management activities under authorisation number CRM30650, its registration is recorded on the website www.claimsregulation.gov.uk. Seneca Banking Consultants Limited is also registered with the Information Commissioner under Registration Number Z3239178.