RBS heads for full 10 years without a profit

After three consecutive quarters of profits, UK taxpayer-owned bank braces for multibillion-pound US fine over mis-selling Royal Bank of Scotland has reported three consecutive quarters of profits but says it is on track to report its 10th consecutive full-year loss as a result of a US penalty over toxic bond mis-selling that dates back to before the banking crisis.The yet-to-be-quantified settlement with the US Department of Justice over the way mortgage bonds were packaged and sold to investor