More bail-outs, break-ups

Sibillin, Anthony
January 2009
BRW;1/29/2009, Vol. 31 Issue 4, p14
Trade Publication
The article discusses the effects of the global financial crisis with Royal Bank of Scotland (RBS) and the Citigroup. There may be more bail-outs and break-ups as the financial crisis is not going to be over soon. The government of United Kingdom increased its stake in RBS to prevent its collapse. The Citigroup meanwhile announced that they will split.


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