RBS shares drop over rumoured £5bn fine
Royal Bank of Scotland's share prices have dropped 1.2% following reports of "toxic" mortgage-backed securities sold in the US.
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The bank has reportedly set aside £1.9 billion, but it is estimated that the total fine could reach £5 billion.
In November the Financial Conduct Authority fined the Royal Bank of Scotland, NatWest and Ulster Banks £42 million for IT failures which occurred in June 2012 and meant that the Banks’ customers could not access banking services.
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