RBS's (RBS) restructuring since it almost collapsed in 2009 has so far cost £38B ($60.5B), CEO...

|By:, SA News Editor

RBS's (RBS) restructuring since it almost collapsed in 2009 has so far cost £38B ($60.5B), CEO Stephen Hester tells employees in an email. The money includes loan losses, disposal costs and restructuring charges. Still, Hester says, "We are ahead of schedule in (our) clean-up."