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Two RBS subsidiaries were hit with enforcement actions related to their overdraft programs

OCC, FDIC Enforcement Action Hits RBS for Overdraft Programs

APR 30, 2013 11:11am ET
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Acting independently of the Consumer Financial Protection Bureau, the Office of the Comptroller of the Currency and Federal Deposit Insurance Corp. ordered $14 million in fines against two RBS subsidiaries, including restitution to over 300,000 customers.

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