RBS ‘clean-up’ to push it into 2015 loss – BBC News

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RBS ‘clean-up’ to push it into 2015 loss – BBC News

27th January 2016, 09:30:AM

A “clean-up” plan announced by RBS is set to hit annual profit by £2.5bn and will push it into a loss for 2015.In a statement, the taxpayer-backed bank said it was setting aside another £500m to pay for PPI and £1.5bn for bad housing debts in the US.In addition, it will write down £498m from…
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RBS ‘clean-up’ to push it into 2015 loss – BBC News

RBS ‘clean-up’ to push it into 2015 loss – BBC News

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