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The ‘Royal Bank of Scotland’ Continues Its’ Losing Streak

Royal Bank of Scotland HQ (6875773330)

The sins of the past continue to hammer British lender Royal Bank of Scotland. The subject of the world’s biggest bank rescue, RBS just announced losses of 6.96 billion pounds (8.2 billion euros) for 2016 and said it will cut costs by two billion pounds (2.37 billion euros) over the next four years. RBS is in…

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