RBS earnings: $894 million for Q2 net profit vs $280 million expected

RBS reported a large earnings beat on Friday morning with the U.K. lender highlighting that it had swung back to a first-half profit for the first time in three years. The U.K.- based lender, which required a state bailout during the financial crash, has been unable to report an annual profit since 2007. RBS must settle its long-running disputes over the sale of...