TITLE

RBS to miss Williams & Glyn sale deadline

AUTHOR(S)
Holt, Natalie
PUB. DATE
October 2016
SOURCE
Mortgage Strategy (Online Edition);10/28/2016, p9
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the admission of Royal Bank of Scotland (RBS) that it will miss the deadline to sell off the Williams & Glyn business as it posts losses of 463 million British pounds for the three months to September 2016. Topics include the requirement of RBS to offload Williams & Glyn under European state aid rules, discussion of RBS with the British Treasury, and the loss of 469 million British pounds posted by RBS in the third quarter of 2016.
ACCESSION #
119196745

 

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