RBS to pay $5.5 billion to resolve major U.S. mortgage probe

LONDON/NEW YORK (Reuters) - Royal Bank of Scotland will pay $5.5 billion to settle one of the two major U.S. investigations into allegations it mis-sold mortgage-backed bonds that it needs to resolve before the British government can sell its shares.

RBS to pay $5.5 billion to resolve major U.S. mortgage probe
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