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US fines RBS bank $1.1 bn over pre-crisis mortgages

US fines RBS bank $1.1 bn over pre-crisis mortgages

Royal Bank of Scotland said it had agreed a fine of USD 1.1 billion (982 million euros) with US authorities over the alleged mis-selling of mortgage securities ahead of the 2008 financial crisis.

RBS fined 14mn pound over poor mortgage advice

RBS has been fined for not taking enough care to explain to home-buyers the costs of taking out a mortgage.

Libor Scandal: RBS fined $612 million

RBS has been penalised to settle allegations it manipulated benchmark interest rates.