Royal Bank of Scotland has detailed the “material impact” of “conduct issues” as part of its 2012 annual figures, these include:
- A £450 million charge in relation to Payment Protection Insurance (PPI)
- RBS provided £50 million over structured collar products
- A further charge of £650 million over interest rate hedging products
Penalties of £381 million will be paid for Libor and other trading rates following an agreement with the Financial Services Authority earlier this month.
More top news
Former Oasis star Liam Gallagher has announced that his latest band 'Beady Eye' has split up but did not say why they are calling it a day.
Mike Tindall has agreed a settlement with Express Newspapers over a story about his marriage to Zara Phillips.
The Met Office is warning of persistent heavy rainfall in western Scotland possibly leading to localised flooding.