PPI scandal costs RBS £1.7bn
Royal Bank of Scotland today revealed an additional £400 million charge to cover the cost of mis-sold payment protection insurance (PPI) claims, bringing the total bill to £1.7 billion.
PPI scandal costs Royal Bank of Scotland £1.7 billion
The Royal Bank of Scotland (RBS) has revealed an additional £400 million charge to cover the cost of mis-sold payment protection insurance (PPI) claims, bringing the total bill to £1.7 billion.
RBS also said the cost of its recent IT glitch had risen by £50 million to £175 million.
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