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Fox News: RBS May Dump Unwanted Assets in Special Unit

Started by riky, February 23, 2009, 05:03:44 PM

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riky

RBS May Dump Unwanted Assets in Special Unit
     


Royal Bank of Scotland is to announce a restructuring this week to create a non-core division into which unwanted assets will be placed, a banking industry source said on Sunday. RBS shares jumped nearly 13 percent Monday following the report.
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