RBS Fined $24 Million by U.K. Regulator Over Mortgage Advice

An RBS logo sits on a sign above the entrance to Royal Bank of Scotland Group Plc (RBS) bank branch in Burton-upon-Trent, U.K., on Wednesday, Aug. 27, 2014. The Financial Conduct Authority faulted RBS for what it called "serious failings in their advised mortgage sales business" between June 2011 and March 2013, according to a statement by the London-based regulator today. Photographer: Chris Ratcliffe/Bloomberg via Getty Images
An RBS logo sits on a sign above the entrance to Royal Bank of Scotland Group Plc (RBS) bank branch in Burton-upon-Trent, U.K., on Wednesday, Aug. 27, 2014. The Financial Conduct Authority faulted RBS for what it called "serious failings in their advised mortgage sales business" between June 2011 and March 2013, according to a statement by the London-based regulator today. Photographer: Chris Ratcliffe/Bloomberg via Getty Images
RBS Fined $24 Million by U.K. Regulator Over Mortgage Advice
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Credit:
Bloomberg / Contributor
Editorial #:
454242220
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Bloomberg
Date created:
August 27, 2014
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Object name:
UK RBS FINE