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The Royal Bank of Scotland will report its annual figures this morning, amid amounting pressure for recovery plans, following a year of scandal.
The bank is expected to unveil plans to float its US retail bank Citizens in a deal that could raise more than £8 billion for the lender.
RBS has already announced that around £300 million will be taken from its staff bonus pot and taken from previous awards to help pay for its £391 million Libor fines.
The remaining bonus is likely to be much less than the £785 million paid out in 2011.
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Royal Bank of Scotland has announced a loss before taxes of £5.2 billion in 2012. That's a lot of money - and it's a loss each of us bears.