BUSINESS DAILY - RBS to create internal 'bad bank' for €45 billion of toxic loans

FRANCE 24 English
FRANCE 24 English
  • 11 years ago
Royal Bank of Scotland, which is 81% owned by the UK government, announces it is to create an internal ‘bad bank’ for around €45 billion worth of toxic loans. Plus, 20 years after the Maastricht Treaty paved the way for the creation of the euro, Europeans are less enthused by the idea of closer integration.
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