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RBS Royal Bank of Scotland Group PLC

3.09
0.00 (0.00%)
13 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Royal Bank of Scotland Group PLC NYSE:RBS NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 3.09 0 01:00:00

Royal Bank of Scotland Closes 'Bad Bank' Over GBP50 Billion Loss -FT

30/11/2017 2:26pm

Dow Jones News


Royal Bank of Scotland (NYSE:RBS)
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--Royal Bank of Scotland shut a unit Thursday after collecting cumulative losses in excess of 50 billion pounds ($67 billion) from it, the Financial Times reports.

--RBS used the so-called "bad bank" to handle toxic assets after the financial crisis nine years ago, according to the Financial Times.

 

Full story: http://on.ft.com/2AqqKE8

 

Write to Barcelona editors at barcelonaeditors@dowjones.com

 

(END) Dow Jones Newswires

November 30, 2017 09:11 ET (14:11 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

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