RBS says not in talks with U.S. authorities over mortgage settlements
LONDON, July 30 (Reuters) - Royal Bank of Scotland (LSE: RBS.L - news) is not currently in talks with U.S. authorities to settle claims it misled investors in mortgage-backed securities in the United States, its finance director told reporters.
The bank has so far set aside 2.1 billion pounds ($3.3 billion) to deal with the matter and analysts had expected settlements before the end of 2015.
"We're not currently in any settlement discussions with U.S. authorities. We would hope and expect that we would enter into discussions over the next 6 to 12 months but we're not currently in any discussions," Ewen Stevenson told reporters.
($1 = 0.6410 pounds) (Reporting by Matt Scuffham, editing by Sinead Cruise)