RBS confirms plan to raise £4bn with insurance business sell off
Royal Bank of Scotland has confirmed that it plans to sell part or all of its insurance business in an effort to bolster its balance sheet. The move is expected to raise around £4bn.
In a statement confirming the long touted rights issue RBS said: "As part of an ongoing exercise, recalibrated in the context of its decision to increase capital levels, the board has identified the
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