23-10-2017 16:20 via uk.finance.yahoo.com

RBS keeps compensation pot for restructuring claims at 400 million pounds

Royal Bank of Scotlandsaid on Monday the potential bill for claims against its small business restructuring division will remain at 400 million pounds after misconduct allegations against it were dismissed by Britain's financial regulator.Britain's Financial Conduct Authority on Monday published a detailed summary of a report into RBS' Global Restructuring Group (GRG).The FCA last year effectively cleared RBS of the many of the allegations by customers.
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