RBS review gets underway after £20bn bail-out agreed

A full review of Royal Bank of Scotland gets under way today after shareholders overwhelmingly approved a £20bn (€23bn) bail-out plan for the company.

RBS review gets underway after £20bn bail-out agreed
Fri, 21 Nov, 2008 - 07:07

A full review of Royal Bank of Scotland gets under way today after shareholders overwhelmingly approved a £20bn (€23bn) bail-out plan for the company.

The bank’s new chief executive Stephen Hester conceded that job losses were expected, but said he wanted RBS to move forward following its financial difficulties.

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CourtsBusinessHeathrowPlace: EdinburghPerson: Stephen HesterPerson: Tom McKillopPerson: Fred GoodwinPerson: HesterPerson: FredPerson: TomPerson: StephenOrganisation: RBSOrganisation: Royal Bank of ScotlandOrganisation: RBS GroupOrganisation: UK government
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