RBS may abandon sale of insurance operations

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RBS may abandon sale of insurance operations

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12-29-2008, 10:04 PM

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RBS may abandon sale of insurance operations

There is speculation that the RBS (RBS) may abandon its £7 billion sale of its insurance unit.RBS has to decide within the next 8 weeks whether or not to proceed with the sale.The insurance arm, which includes the Churchill and Direct Line brand names, was put up for sale earlier this year and a long [...]

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