RBS writes down £1.36bn of LBO debt
The UK bank has written down £5.9bn in leveraged loans, structured credit vehicles and US residential mortgages, as it embarks on a £12bn rights issue and looks to shore up its weak balance sheet.
The UK bank has written down £5.9bn in leveraged loans, structured credit vehicles and US residential mortgages, as it embarks on a £12bn rights issue and looks to shore up its weak balance sheet.
Copyright PEI Media
Not for publication, email or dissemination