October 13, 2014 BY Mike Fox

RBS CEO says bank to reach FX probe settlement within year

Royal Bank of Scotland could reach a settlement with authorities over the alleged rigging of FX markets in the next six to 12 months as first reported by Bloomberg, Chief Executive Officer Ross McEwan said. The two biggest litigation issues facing Britain’s largest state-owned lender are an investigation into currency rigging and the U.S. government probe…

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