Projo Biz Blog

Royal Bank of Scotland Group, the owner of Providence-based Citizens Financial Group, is providing chairman Philip Hampton with free use of a $2.2 million house in Edinburgh, according to Bloomberg News.

The Royal Bank bought the house on Heriot Row in the Scottish capital in 2006 for former chairman Tom McKillop to use when he was in Edinburgh for board meetings and other bank-related business.

The house, which has five double bedrooms and three bathrooms, is empty when London-based Hampton, who attends about 12 board meetings a year, is not in the city.

 Tags  Citizens Financial Group Royal Bank of Scotland

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