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RBS unveils $34 billion loss, record for a UK firm (Reuters)

Started by riky, February 26, 2009, 02:03:40 PM

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riky

RBS unveils $34 billion loss, record for a UK firm
    (Reuters)

 



Reuters - Royal Bank of Scotland reported the biggest loss in British history on Thursday and said the government's stake could rise as high as 95 percent after it stumped up billions to insure the bank's risky assets.


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