Legal
RBS’s private bank hit with £5m Swiss fine
Royal Bank of Scotland’s private banking arm Coutts & Co has been ordered to pay over £5 million of “unlawfully generated profits” to Swiss regulators after it was found to have “seriously breached” money laundering regulations. The Swiss Financial Market Supervisory Authority said it had uncovered “serious deficiencies” in the…
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Click here to read the full story: Herald Scotland