RBS Reports Drop in Third-Quarter Profit, Missing EstimatesBy and
Restructuring costs rise to 847 million pounds in quarter
RBS eliminated 900 to 1,000 jobs this year, McEwan says
Royal Bank of Scotland Group Plc, Britain’s biggest government-owned lender, said profit fell by more than half in the third-quarter, missing analyst estimates, as Chief Executive Officer Ross McEwan stepped up the pace of restructuring to boost earnings.
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