RBS's costly bid to break from the past

ReutersNewsPublished: January 27, 20166 views
Published: January 27, 2016

Royal Bank of Scotland says it will take a surprise 2.5 billion pound ($3.58 billion) hit to its fourth-quarter profits after setting aside more cash to cover litigation costs, compensation for mis-selling loan insurance and an impairment charge at its private bank. Hayley Platt reports

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