Royal Bank of Scotland sees more losses in third quarter
Royal Bank of Scotland has reported a ÂŁ469m loss for the July-to-September period as "legacy issues" continue to overshadow its performance.
The bank received a ÂŁ45.5bn bailout during the financial crisis and has been tackling a range of problems.
But once restructuring costs and provision for litigation were excluded, the bank made an adjusted quarterly operating profit of ÂŁ1.3bn.
It said it could not sell its Williams & Glyn bank by the end of 2017.
RBS has been ordered by the European Commission to sell Williams & Glyn in order to prevent the group from having too dominant a position as the UK's largest lender to small businesses.