TITLE

RBS Expects U.S., U.K. Realty Stability

PUB. DATE
November 2009
SOURCE
American Banker;11/9/2009, Vol. 174 Issue 202, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Royal Bank of Scotland Group PLC declared a $2.98 billion business loss for the third quarter of 2009. The company said, however, that loan impairments appear to have hit a stable level as real property prices have stabilized, and that the bank's losses may not reach a level that would require a British government guaranty of its loans.
ACCESSION #
45051352

 

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