Mr Wall argues that he trusted RBS to act as a partner and adviser to his business in the years leading up to 2007, when it issued Opal with an interest rate swap ahead of a planned fundraising by the business. Stuart Wall (RBS) has been accused by property tycoon, Opal Property Group , of misleading him and his company, Royal Bank of Scotland , into taking out an interest rate swap which forced his company into financial distress, then "bullying" him when he questioned Wall . Opal, which specialised in student accommodation, went bust due to the bank's actions; Wall is claiming damages of £ £180m m. RBS denies any wrongdoing.
Stuart Wall (RBS) has been accused by property tycoon, Opal Property Group , of misleading him and his company, Royal Bank of Scotland , into taking out an interest rate swap which forced his company into financial distress, then "bullying" him when he questioned Wall . Opal, which specialised in student accommodation, went bust due to the bank's actions; Wall is claiming damages of £ £180m m. RBS denies any wrongdoing.