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Thu 29 Sep 2016 12:56 PM

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Video: RBS hit by $1.1bn US settlement

Royal Bank of Scotland Group will pay $1.1 billion to resolve claims that it sold toxic mortgage-backed securities to credit unions that later failed, according to the U.S. National Credit Union Administration.

Video: RBS hit by $1.1bn US settlement
Royal Bank of Scotland

(Reuters YouTube channel)