Commodities bring FTSE down

Royal Bank of Scotland posted gains of more than 6% today amid revived hopes of a sale of its insurance businesses.

Commodities bring FTSE down
Mon, 12 Jan, 2009 - 11:20

Royal Bank of Scotland posted gains of more than 6% today amid revived hopes of a sale of its insurance businesses.

RBS was 3.4p better off at 56.5p after reports that Aviva’s former UK operations chief Patrick Snowball had teamed up with BC Partners and Apollo Management to consider a potential offer bolstered the stock.

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