David Mclaughlin Tom Schoenberg

David Mclaughlin Tom Schoenberg

July 13, 2017 | Daily Business Review

RBS Paid a Big Penalty Over Mortgages. Its Next One May Be Bigger

Even as Royal Bank of Scotland Group Plc said Wednesday it would pay $5.5 billion to settle a U.S. lawsuit over its crisis-era mortgage-bond business, it told investors that another big bill may be on the way.

By David McLaughlin, Tom Schoenberg, and Greg Farrell

6 minute read