RBS Shares Drop After Surprise Pension Charge Cuts CapitalBy
Bank takes 500 million-pound charge tied to PPI claims
RBS still expects capital distribution early 2017, CFO says
Royal Bank of Scotland Group Plc dropped after the bank took a surprise 3.6 billion-pound ($5.2 billion) hit to the value of its assets and set aside more money for past misconduct, limiting Chief Executive Officer Ross McEwan’s ability to return capital to shareholders.
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