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Multi-Asset Review

RBS shares rise sharply as results beat expectations

Chris Panteli
25 February 2010

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Royal Bank of Scotland shares jumped 6.8% in early trading after the bank reported smaller-than-expected annual losses of £3.6bn.

The bank's losses are down from £24.3bn in 2008, with its core business operating profit rising 89% to £8.3bn. Its investment banking arm, global banking and markets, made a £5.7bn operating profit...

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