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RBS' profits hit hard on RMBS provisions claims

27 January 16 - RE+D Magazine
RBS' profits hit hard on RMBS provisions claims

COMPANIES

Savills

Consultant - GREECE

IBI Group

Consultant - GREECE

Solum Property Solutions

Consultant - GREECE

ETAD.A.E.

Public entity - GREECE

PEOPLE

Antulio Richetta

Director IBI Group
A large provision for claims in the US relating to mortgage backed securities was the reason Royal Bank of Scotland realized a £2,5 billion hit on its profits in the third quarter of 2015.

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