Mealey's (October 30, 2017, 2:04 PM EDT) -- NEW HAVEN, Conn. — A division of Royal Bank of Scotland (RBS) Group will pay more than $44 million as part of a nonprosecution agreement with the U.S. Attorney’s Office for the District of Connecticut and U.S. Department of Justice (collectively, Justice Department) for its role in operating a massive scheme to defraud customers that traded in collateralized loan obligations (CLOs) and residential mortgage-backed securities (RMBS), prosecutors said in an Oct. 25 letter to counsel for RBS division RBS Securities Inc....