RBS sets aside cash for forex fines; keeps Ulster

• Following in the footsteps of Barclays and Citi, Royal Bank of Scotland (NYSE:RBS) says it had set aside £400M ($639M) to cover potential fines for manipulating currency markets.
• Another £100M will be set aside to compensate customers mis-sold loan insurance.
• Regarding Q3 earnings, the bank announced that it had made a pretax profit of £1.27B vs. a loss of 634M the year before.
• RBS also confirmed that it plans to keep its Ulster Bank business, following an upturn in the Irish economy.