Why has it taken more than 5 years for RBS to realise it has to get its core business right?

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I am amused to note that RBS has finally decided the time has come for it to get its core business right.

I am also a little worried it has taken so long. This was what I suggested the strategy of a nationalised RBS should be way back in October 2008 as it was being de facto nationalised.

The real question to ask is why it has taken so long to realise that this was the glaringly obvious thing to do all along?