RBS swings to third-quarter loss on $1.2 billion loan protection mis-selling charge

LONDON (Reuters) - Royal Bank of Scotland said it had swung to a third quarter loss on Thursday, after making a fresh 900 million pound ($1.16 billion) provision to settle mis-selling claims in Britain's biggest consumer banking scandal. The state-backed lender reported a pre-tax loss of 8 million pounds for the three months to end-September, compared to a 961 million pound pre-tax profit in the same period last year.The charge, set aside to compensate customers who were mis-sold payment..