RBS, NatWest Fined $24M Over Faulty Mortgage Advice
By Tom Zanki ( August 27, 2014, 12:12 PM EDT) -- The U.K. Financial Conduct Authority on Wednesday fined The Royal Bank of Scotland PLC and its NatWest business £14.5 million ($24 million) for failing to provide suitable advice to consumers purchasing mortgages after investigating a series of transactions in 2012....
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