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Royal Bank of Scotland Raises 630 Million Pounds

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Publish date: Fri, 20 Sep 2013, 09:30 AM
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From Liston Street Pulse:

Royal Bank of Scotland (RBS), a government-backed bank, announced on Friday that it has raised 630 million pounds ($1 billion) by selling 20% stake in Direct Line. Britain's largest insurer has been asked by EU regulators to divest from Direct Line as a penalty for being bailed out during 2008 […]

The post Royal Bank of Scotland Raises 630 Million Pounds appeared first on Liston Street Pulse.

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