RBS: misconduct charges could be higher

ReutersNewsPublished: October 30, 201531 views
Published: October 30, 2015

RBS reports a £134 million third quarter operating loss and warns costs relating to past misconduct could be substantially higher than expected. Meantime France's BNP Paribas posts a 14.5 per cent rise in net income. It comes a day after Deutsche Bank said it would be slashing 15,000 jobs. Analysts say despite the upheaval, the medium term outlook for investment banks is positive. Hayley Platt reports.

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