Silobreaker: RBS loss halves in Q3 as bad debts shrink

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Saturday, November 21, 2009 6:40 AM

Published 11/07/2009 by Oman Tribune

RBS loss halves in Q3 as bad debts shrink

LONDON Royal Bank of Scotland (RBS) more than halved third-quarter losses as bad debts shrank in results released on Friday and its shares rose over 7.5 per cent.

Investors nevertheless fretted over a poor performance at its investment banking arm, which trailed European and US...

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RBS eyes further asset sales [FT Alphaville - 11/03/2009] Royal Bank of Scotland on Monday said it was considering further asset sales “not initially contemplated”, as part of the talks with the government aimed at breaking ...
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Despite EU Pressure, RBS Says It Will Stick to ... [DealBook - 11/02/2009] Royal Bank of Scotland, the part-nationalized British lender, said it aims to stick with its recovery plan despite potential large-scale disposals ordered by European ...

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RBS loss halves in Q3 as bad debts shrink