RBS makes loss after setting aside £856m for fines and charges
Bank makes loss of £446m weighed down by preparations for mis-selling fines and forex-rigging penaltiesRoyal Bank of Scotland has plunged to a loss in the first three months of the year, weighted down by £856m of conduct and litigation charges.The 79%-taxpayer owned bank prepared the way for further penalties for foreign exchange rigging – including possible criminal charges – by setting aside a further £334m for manipulation of the £3.5tn-a-day global currency markets. Th
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