26-10-2016 20:39 via news.yahoo.com

RBS sets aside more funds as investor lawsuits near settlement

The ghost of Fred Goodwin will return to haunt Royal Bank of Scotland (LSE: RBS.L - news) (RBS) again this week when his former employer is forced to set aside millions of pounds more to settle legal action brought by major City shareholders. Sky News has learnt that RBS has held fresh discussions with a group of institutional investors aimed at settling one of several outstanding cases against the bank that in total could cost it well over £4bn. The bank, then run by Mr Goodwin, raised &p
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