Thursday, October 20, 2016
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Video: Royal Bank Of Scotland Unit To Pay $150 Million To Settle U.S. SEC Charges

By Clip Syndicate
A unit of the Royal Bank of Scotland agreed to pay more than $150 million to settle civil charges alleging it misled investors in a financial crisis-era subprime mortgage product. The Securities and Exchange Commission said the money it will collect from RBS Securities would go toward compensating harmed investors.

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