Britain considers RBS share give-away: reports
- Published: 16 Feb 2013 at 11.44
- Online news: World
Britain's finance ministry insisted Saturday it would dispose of its majority stake in the Royal Bank of Scotland "at the appropriate moment" amid reports ministers were considering a share giveaway.
A Royal Bank of Scotland (RBS) sign is shown in London, February 24, 2011. Britain's finance ministry insisted Saturday it would dispose of its majority stake in the Royal Bank of Scotland "at the appropriate moment" amid reports ministers were considering a share giveaway.
RBS could be ready to return to the private sector later this year, but at present prices that would represent a huge loss to British taxpayers.
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