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Royal Bank of Scotland takes another $5 bln charge

LONDON (AP) — Hopes for a turnaround in Royal Bank of Scotland, the nationalized U.K. bank, took a hit Monday when the lender said it set aside 3 billion pounds ($5 billion) more to cover U.S. legal costs and customer compensation claims in Britain.

https://apnews.com/royal-bank-of-scotland-takes-another-5-bln-charge-94dc6edde7db4956a0f9180e690b9d5a
Business Law and order Scotland Europe Western Europe General news Stephen Hester Legal proceedings Lawsuits Fred Goodwin United Kingdom
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