December 18, 2019 BY Valentina Kirilova

RBS seeks to rebuild reputation by reimbursing £40 million for FX scandal

The Royal Bank of Scotland (RBS) is taking the unusual action of reimbursing 730,000 customers of the bank for its ill-gotten forex markup gains taken by previous workers in its foreign exchange department at the bank. This particular activity of misconduct was discovered independent of what has been called the greatest FX scandal in history.…

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