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UK starts RBS sell-off with $3.3 billion stake sale

Last Updated: Tuesday, August 4, 2015, 13:42

Finance Minister George Osborne on Tuesday hailed the start of returning RBS to the private sector and said it was right to commence selling at a loss to the price paid in the 2008 rescue.

Seven years after bailout, Britain starts RBS sell-off with $3 bn stake sale

Last Updated: Monday, August 3, 2015, 23:42

Britain started the sale of a 2 billion pounds ($3.1 billion) stake in Royal Bank of Scotland (RBS) on Monday, beginning the disposal of its holding in the bank seven years after a multi-billion pound bailout at the height of the financial crisis.

RBS stake sale to Abu Dhabi not imminent: Sources

Last Updated: Tuesday, March 27, 2012, 09:43

The UK government is still weighing options for the sale of its 82 percent stake in Royal Bank of Scotland Group PLC (RBS) and no deal is imminent, people familiar with the matter said Monday.