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RBS considers selling insurance arm

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04-22-2008, 10:35 PM

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RBS considers selling insurance arm

Last week, Royal Bank of Scotland (RBS), Britain’s second largest bank, confirmed it was preparing to raise £10-£15 billion through a rights issue to improve its financial position. The rights issue was announced as part of a trading update and is one of the largest seen in UK corporate history. RBS said it needed to [...]

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