RBS mortgage mis-selling returns to haunt lender
Megan van Ooyen from SAS rounds up the top five op risk losses for October
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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