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RBS CEO expects quarterly loss

RBS building

Royal Bank of Scotland CEO Ross McEwan said the bank probably won’t report a profit in the fourth quarter, citing weak earnings trends in the previous three-month period.



American flag

The lost decade of the top U.S.1%

Incomes for the top U.S. 1 percent have surged since the financial crisis, but are still well below their peak in 2007, according to new data released by the IRS.