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UK takes £2.1bn loss on RBS share sale

Tuesday, June 05, 2018 - 01:40

Britain's government sells 7.7 percent of Royal Bank of Scotland shares for 2.5 billion pounds ($3.33 billion), realising a loss of more than two billion pounds on part of its investment in the lender it rescued in 2008. Ivor Bennett reports.

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Britain's government sells 7.7 percent of Royal Bank of Scotland shares for 2.5 billion pounds ($3.33 billion), realising a loss of more than two billion pounds on part of its investment in the lender it rescued in 2008. Ivor Bennett reports.

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UK takes £2.1bn loss on RBS share sale

Tuesday, June 05, 2018 - 01:40