RBS to Create Bad Bank to Divest Toxic Assets

RBS to Create Bad Bank to Divest Toxic Assets Play

Nov. 1 (Bloomberg) -- Royal Bank of Scotland Group Plc will set up a internal bad bank to include 38 billion pounds ($61 billion) in toxic assets after U.K. Chancellor of the Exchequer George Osborne opted against a full breakup. Manus Cranny reports on Bloomberg Television's "On the Move." (Source: Bloomberg)

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