BBC News

Fred Goodwin says sorry after RBS collapse

The Royal Bank of Scotland (RBS) collapsed in 2008 after posting the biggest loss in UK corporate history.

RBS was subsequently bailed out by the government.

Sir Fred Goodwin, then chief executive of the bank, stood down with a pension pot worth about £690,000 a year.

For the first time, viewers can see footage of Sir Fred apologising in Edinburgh at his final shareholders' meeting before he stepped down.

Watch RBS: Inside The Bank That Ran Out Of Money on Monday 17 October at 21:00 BST on BBC One Scotland.