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RBS says forex fines could impact on pay

RBS branch window

Royal Bank of Scotland said it would take into account the $669m paid in fines to U.S. authorities following misconduct in its foreign exchange business when making future pay decisions for its staff.

Deutsche Bank makes changes to management board

Deutsche Bank - Foyer Bridge

The Supervisory Board of Deutsche Bank decided at a meeting earlier this week to realign responsibilities on the Management Board in order to enable the effective delivery of Strategy 2020, the bank’s new strategy announced on April 27.