RBS Will Pay N.Y. $500 Million Over Bogus Mortgage Marketing

March 08, 2018

Bloomberg, Mar. 7, 2018--Erik Larson, Greg Farrell
Royal Bank of Scotland Group Plc agreed to pay $500 million to settle New York's probe into its marketing of toxic mortgage-backed securities that triggered the financial crisis, moving the government-owned lender a step closer to resolving a series of costly U.S. investigations.


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