April 30, 2015 BY Mike Fox
Royal Bank of Scotland earmarks new $515M for Forex fines
Royal Bank of Scotland Group plc (LON:RBS) said it expects to settle with American authorities investigating Forex manipulation at the bank in the coming month and set aside a further 334 million pounds ($515 million) to cover the potential cost. The allocation from RBS takes the total set aside by the bank for future FX settlements to 704 million pounds…
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