It's been nine years since the Royal Bank of Scotland was rescued by British taxpayers. And it's been nine years since the once titanic bank turned a profit. The latest loss, reported Friday, was £7 billion ($8.7 billion). The taxpayer-owned lender has now accumulated total losses of £58 billion ($74 billion) since the financial crisis. RBS (RBS), formerly the largest bank in the world, warned Friday that more pain is ahead: It doesn't expect to turn a profit until 2018. The British government now owns 73% of the bank, which is still dealing with the fallout of the financial crisis. RBS has set aside £5.8 billion ... (full story)