RBS takes $640 million forex charge and warns of more to come

By Matt Scuffham LONDON (Reuters) - State-backed Royal Bank of Scotland has set aside 400 million pounds ($640 million) to cover potential fines for manipulating currency markets and warned further charges for past misconduct would continue to hit its profits. RBS, 80 percent owned by the British government following a 45 billion pound bailout during the financial crisis of 2007 to 2009, on ...