RBS reports £3.6bn loss

Part-nationalised lender Royal Bank of Scotland (RBS) today posted a £3.6bn (€4.09bn) loss for last year.

Part-nationalised lender Royal Bank of Scotland (RBS) today posted a £3.6bn (€4.09bn) loss for last year.

The bank, which is 84% British taxpayer owned, said the attributable deficit compared with a record £24.3bn (€27.6bn) shortfall in 2008.

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