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Post by ukipa on Jun 4, 2013 23:07:44 GMT 4
U.K. discusses idea of splitting up RBS. A British parliamentary report could raise the idea of splitting RBS (RBS) into a good bank that can be privatized and a state-run bad bank that would hold the company's toxic assets. However, the report is unlikely to wholeheartedly endorse the idea. One problem is that Chancellor George Osborne has said that splitting RBS would require the government to totally nationalize the bank first at a cost of up to £10B.
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