UK sells RBS stake at a loss

Britain has sold some of its holding in Royal Bank of Scotland, the bank which it rescued in the 2008 financial crisis, but has taken a loss of more than £2bn (€2.3bn) on the deal.

UK sells RBS stake at a loss
Wed, 06 Jun, 2018 - 07:30

By Emma Rumney and Lawrence White

Britain has sold some of its holding in Royal Bank of Scotland, the bank which it rescued in the 2008 financial crisis, but has taken a loss of more than £2bn (€2.3bn) on the deal.

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