LONDON (Reuters) - Royal Bank of Scotland (RBS) will cut costs and sell assets to boost capital, it said on Wednesday after failing its Bank of England stress test, with the central bank warning of a ...
LONDON – Royal Bank of Scotland must boost its capital buffers after failing this year's stress test of seven British lenders, the Bank of England said on Wednesday. The state-backed lender rushed out ...
HOPES of an early sale for RBS’s US arm Citizens were knocked yesterday after it failed the Fed’s stress tests. Although the main plan is to float the bank, starting later this year, RBS has been in ...
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