RBS agrees $5.5bn subprime charge with US regulator
London - Al Maghrib Today
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Royal Bank of Scotland on Wednesday agreed to pay a US regulator $5.5 billion (4.8 billion euros) over its role in the subprime mortgage crisis more than a decade ago. "The Royal Bank of Scotland Group... has reached a settlement with the Federal Housing Finance Agency," a statement said, adding that under the settlement, FHFA "litigation against RBS will be withdrawn". |
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Beirut - NNA
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Paris - Al Maghrib Today
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Moscow - AFP
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Paris - Al Maghrib Today
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Paris - Al Maghrib Today
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