The Royal Bank of Scotland today asked shareholders to pump in £12bn (€15bn) of new capital as it unveiled another £5.9bn (€7.3bn) of credit crunch write downs.

A Royal Bank of Scotland-led team today put further pressure on rival ABN Amro suitor Barclays, as the consortium tabled a formal £48.2bn (€47.7bn) offer for the Dutch Bank.

A Royal Bank of Scotland-led team today put further pressure on rival ABN Amro suitor Barclays, as the consortium tabled a formal £48.2 billion offer for the Dutch Bank.

Dutch Bank ABN Amro is to cut 17 out of its 170 staff at the International Financial Services Centre in Dublin through a compulsory redundancy scheme.