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RBS reaches $4.9 bln deal to settle U.S. investigation

Thursday, May 10, 2018 - 01:25

Royal Bank of Scotland has agreed to pay a smaller-than-expected $4.9 billion to resolve a U.S. investigation into its sale of mortgage-backed securities, paving the way for a long-awaited return of cash to UK taxpayers who bankrolled its post-crisis survival. David Pollard reports.

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Royal Bank of Scotland has agreed to pay a smaller-than-expected $4.9 billion to resolve a U.S. investigation into its sale of mortgage-backed securities, paving the way for a long-awaited return of cash to UK taxpayers who bankrolled its post-crisis survival. David Pollard reports.

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RBS reaches $4.9 bln deal to settle U.S. investigation

Thursday, May 10, 2018 - 01:25