Royal Bank of Scotland sets aside £400m for forex probes
Royal Bank of Scotland
London - AFP
State-owned Royal Bank of Scotland has set aside £400 million ($639 million, 509 million euros) to settle allegations of price-rigging in foreign exchange markets, it said Friday.
RBS also revealed in a results statement that net profits rebounded to £896 million in the three months to the end of September, buoyed partly by cost-cutting, after a net loss of £828 million in the same part of last year.
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