* FCA will provide details on Wednesday - sources
* RBS could be fined about 15 mln stg - source
* Would be a fresh setback for RBS boss McEwan
By Matt Scuffham
LONDON, Aug 26 Royal Bank of Scotland
will be fined by Britain's financial regulator on Wednesday over
mortgage advice given to customers, sources familiar with the
matter told Reuters on Tuesday.
The Financial Conduct Authority (FCA) is expected to provide
further details, including the level of the fine, at 0900 GMT on
Wednesday, the sources said.
RBS could face a penalty of about 15 million pounds ($24.82
million), a person familiar with the matter told Reuters.
It would be the latest setback to hit Chief Executive Ross
McEwan, whose efforts to turn around the bank -- which made an
8.2 billion pound ($13.6 billion) loss last year -- are being
hampered by ongoing investigations into past misconduct.
RBS, which is 81-percent owned by the British government, is
among several major banks assisting regulators around the world
investigating allegations of collusion and price-rigging in the
global currency market.
It has already been fined 390 million pounds for its role in
fixing the benchmark London interbank offered rate (Libor) and
has set aside 3.2 billion pounds to compensate customers
mis-sold loan insurance.
($1 = 0.6040 British Pounds)
(Reporting by Matt Scuffham in London and Karen Rebelo in
Bangalore; Editing by Laura Noonan and Pravin Char)