uk bank rbs lifts charges for us misselling claims
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
Arab Today, arab today

UK bank RBS lifts charges for US mis-selling claims

Arab Today, arab today

Arab Today, arab today UK bank RBS lifts charges for US mis-selling claims

UK bank RBS
London - Arab Today

Britain's state-rescued Royal Bank of Scotland on Thursday set aside another £3.1 billion ($3.9 billion, 3.6 billion euros) for US fines over the alleged mis-selling of mortgage securities before the 2008 financial crisis.

The lender, which is 73-percent owned by the British government after a vast bailout, added in a statement that this took the group's total provision to £6.7 billion.

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