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RBS Expected to Unveil Pounds 12bn Rights Issue TodayRoyal Bank of Scotland confirmed yesterday it was considering a huge rights issue to shore up its finances as it makes big writedowns from the credit crunch.Farrell, SeanEducation
AS the NatWest Three today plead in a Houston courtroom for bail to return to the UK, Royal Bank of Scotland, the subsequent parent company of their investment banking operation, is understood to be close to paying out more than $100 million (Pounds 55 million) to settle its liabilities in...
In 2010 RBS found it had been the victim of sharp practice by Goldman Sachs when the American investment bank was fined $841m ([pounds sterling]529m) for passing on toxic assets to clients, of which RBS was the largest. State owned RBS is the only one of the big UK banks to have...
Greed and a Trillion Dollar Meltdown ; as NatWest-Owners RBS Today Announced Disastrous Results, Including a [Pounds]5.9bn Write-Off, We Tell What Has Fuelled the Biggest Downturn to Hit London and the Financial World for a Generation
LFC LOAN TALKS DEADLINE TODAY; RBS Expected to Refinance Pounds 350mByline: DAVID BARTLETTLiverpool Echo (Liverpool, England)
As Babcock evolved into the giant support services company it is today (it now ranks in the top 200 biggest firms in the UK), Mr Hewitt eventually took up a new role as marine technology director, before a hankering to get back to something on a smaller scale prompted him to set up hi...