RBS to pay New York $500m for deceptions ahead of 2008 crash

State attorney general says of agreement: ‘While the financial crisis may be behind us, New Yorkers are still feeling the effects’Royal Bank of Scotland on Tuesday agreed to pay $500m to settle charges of using deceptive practices while marketing and selling mortgage-backed securities before the 2008 financial crisis.Announcing the agreement, the New York attorney general, Eric Schneiderman, said: “While the financial crisis may be behind us, New Yorkers are still feeling the e