The run of bad publicity for Royal Bank of Scotland (RBS) shows no signs of abating, as it emerges that US regulators are to investigate potential breaches of US sanctions by the bank.
The 80% state-owned bank had provided the US Federal Reserve and the Department of Justice with documents and information following the authorities' investigation into alleged money laundering by Standard Chartered.
RBS has not commented on the nature of the allegations or investigation, although a statement issued earlier this month stipulated that it was to " review its policies, procedures and practices" concerning the processing of US dollar payments outside the US.
Standard Chartered, another UK-based bank, was last week fined £217 million ($340 million) by the New York State Department of Financial Services following allegations that it had broken US sanctions by conducting secret transactions with its Iranian clients.
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