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RBS Returns to Profit, Sets Aside $639 Million for Probe

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Royal Bank of Scotland Group Plc, Britain’s largest taxpayer-owned lender, had third-quarter profit that beat analyst estimates even as it set aside 400 million pounds ($639 million) for a currency rigging probe.

The bank posted net income of 896 million pounds after a loss of 828 million pounds a year ago, it said in a statement from Edinburgh today. That’s the first profit in the period in three years and beat the average estimate of 582 million pounds of five analysts surveyed by Bloomberg. The stock jumped.