RBS reports £2bn loss
Taxpayer-owned The Royal Bank of Scotland (RBS) made a £2bn loss last year, its fourth straight year of losses since its 2008 bailout.
The bank posted a pre-tax loss of £766m but total losses topped £2bn after various accounting and tax charges were added. It follows a loss of £1.1bn in 2010. Last month RBS chief executive, Stephen...
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