Royal Bank of Scotland is to consider a £3bn-£4bn share issue to reduce the stake it would hand to the government for joining its toxic assets insurance scheme and has approached its biggest investors about the idea, the FT reports.
Plans are "tentative" and Stephen Hester, RBS's chief executive, is still "putting out feelers" to its shareholders about a "modest-sized" share issue, according to a person familiar with the situation....
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