Tag Archive: consider
RBS ponders selling Bank of China shares
The Royal Bank of Scotland’s (RBS) new chief executive, Stephen Hester, is thought to be considering selling the bank’s £2bn stake in Bank of China. The shares were bought in 2005 and were locked for a three year period which … Read more
Government considers second bail out for banks
The banking sector, which has already been given £37bn to recapitalise by the British Government, may have a second bail out. Although the government’s action did stabilise the banking sector at a critical time, credit markets remain stubbornly tight and … Read more