RBS mortgage mis-selling returns to haunt lender

Megan van Ooyen from SAS rounds up the top five op risk losses for October

us-dollar-houses

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

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: