RBS in third rescue package as it moves closer to nationalisation

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RBS in third rescue package as it moves closer to nationalisation

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02-27-2009, 04:50 AM

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RBS in third rescue package as it moves closer to nationalisation

RBS (RBS), which today entered the history books with the largest UK corporate loss, is set to receive a further £13 billion injection from the Government in return for more shares.The latest injection of funds means the taxpayer’s stake in Britain’s second largest bank could reach as high as 95% and brings the bank nearer [...]

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