RBS braced for multi-billion-pound settlement for loan-misselling scandal

73%-taxpayer-owned bank subject of investigation by US justice department over way it sold mortgages ten years agoRoyal Bank of Scotland is preparing to take a multi-billion-pound hit related to a toxic bond misselling scandal that dates back to the 2008 crisis.The bank, 73% owned by the British taxpayer, is reported to be mulling whether to set aside funds in anticipation of a settlement with the US Department of Justice over the way it packaged up and sold mortgages almost a decade ago. Contin