RBS mortgage mis-selling returns to haunt lender

Megan van Ooyen
09 Nov 2016

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Despite woeful reports in the news, financial institution losses have steadily decreased since June 2016. Lingering issues, such as the housing crisis in the US and tax evasion allegations in Switzerland, continue to take bites out of banks' reputations and bottom lines, but the pain appears to be easing – for now. October's top five losses were a global affair, so let's take a quick trip around the banking world.

In October 2016 – years after the US housing market bottomed out – residential

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