Royal bank of scotland said it would book another £4.1bn of accounting charges and report a loss for 2015, further evidence of the struggle the state-backed British bank is having in putting the past behind it and another blow to Chancellor George Osborne's plan to sell the government's stake in the bank. RBS was bailed out by the UK government in 2008 and has had to take a litany of restructuring and misconduct charges. The latest profit warning is due to charges to cover potential US litigation claims, an extra provision for its pensions liabilities, previous mis-selling of insurance products and a goodwill writedown for its private bank.
展开▼
