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Tag Archives: Reuters

RBS Faces 10 Years Without Profits

The Royal Bank of Scotland has agreed to pay a monetary penalty of $35 million to settle a residential mortgage-backed securities fraud claim and is ready to “build a simpler, stronger bank.”

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Treasury Disputes Arbitration Rule’s Costs, Benefits

The U.S. Treasury released an 18-page analysis Monday disputing the CFPB’s arbitration rule, claiming the Bureau failed to evaluate if the arbitration clauses would protect consumer and public interest, which the report cites are the Bureau’s “two statutory mandates.”

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