UK starts RBS sell-off with $3.3 billion stake sale
Finance Minister George Osborne on Tuesday hailed the start of returning RBS to the private sector and said it was right to commence selling at a loss to the price paid in the 2008 rescue.
Aug 04, 2015, 13:42 PM IST
Seven years after bailout, Britain starts RBS sell-off with $3 bn stake sale
Britain started the sale of a 2 billion pounds ($3.1 billion) stake in Royal Bank of Scotland (RBS) on Monday, beginning the disposal of its holding in the bank seven years after a multi-billion pound bailout at the height of the financial crisis.
Aug 03, 2015, 23:42 PM IST
