Thread: Royal Bank of Scotland pays $4.9 billion for crisis-era misconduct

Some fucker(s) should be going to jail for this.

Royal Bank of Scotland pays $4.9 billion for crisis-era misconduct


Pete Schroeder
3 MIN READ

WASHINGTON (Reuters) - Royal Bank of Scotland (RBS.L) will pay $4.9 billion to settle U.S. claims that it misled investors on residential mortgage-backed securities between 2005 and 2008, the U.S. Justice Department said on Tuesday.









https://uk.reuters.com/article/us-us...-idUKKBN1KZ27L

yup especially since it is now majority owned by the uk government the fine belongs to the taxpayer.

https://www.theguardian.com/business...th-almost-26bn

Originally Posted by parryhandy

yup especially since it is now majority owned by the uk government the fine belongs to the taxpayer.

https://www.theguardian.com/business...th-almost-26bn

I have had NO INTEREST on my savings acc.with the rbs.[5yrs] its only this yr.i have had a little bit.it only covers my pension trans.to Thailand once a yr.42GBP.

Fine your own bank, easy way to Bogart the next divi to steal or squander elsewhere.