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RBS’s Q3 loss halves but more bad debts to come

LONDON (Reuters) – Royal Bank of Scotland more than halved its operating losses to 1.5 billion pounds ($2.5 billion) in the third quarter as impairments fell, but less favorable trading battered investment banking profits. Read this article: RBS’s Q3 loss halves but more bad debts to come

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2009 11 06 admin Uncategorized Comments (0)

RBS’s Q3 loss halves but more bad debts to come (Reuters)

Reuters – Royal Bank of Scotland more than halved its operating losses to 1.5 billion pounds ($2.5 billion) in the third quarter as impairments fell, but less favorable trading battered investment banking profits. Original post: RBS’s Q3 loss halves but more bad debts to come (Reuters)

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2009 11 06 admin Uncategorized Comments (0)

Lloyds unveils record rights issue

LONDON (Reuters) – Lloyds Banking Group launched a record 13.5 billion pound ($22 billion) rights issue and along with rival Royal Bank of Scotland agreed to sell off some businesses to limit their reliance on government support. The rest is here: Lloyds unveils record rights issue

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2009 11 03 admin Uncategorized Comments (0)

Lloyds in record rights issue, UK banks agree to shakeup (Reuters)

Reuters – Lloyds Banking Group launched a record 13.5 billion pound ($22 billion) rights issue and along with rival Royal Bank of Scotland agreed to sell off some businesses to limit their reliance on government support. See the original post here: Lloyds in record rights issue, UK banks agree to …

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2009 11 03 Baxter & Baxter, LLP Uncategorized Comments (0)

Britain to create three new retail banks: reports (AFP)

AFP – Britain’s government is to create three new high street banks from bailed out lenders Royal Bank of Scotland, Lloyds Banking Group and Northern Rock, according to media reports. The rest is here: Britain to create three new retail banks: reports (AFP)

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2009 10 31 admin Uncategorized Comments (0)