Friday, February 24, 2012

Royal Bank of Scotland losses widen on writedowns (AP)

[unable to retrieve full-text content]AP - Royal Bank of Scotland, which is majority-owned by the British taxpayer, saw its loss in 2011 swell by 78 percent as it booked large provisions for Greek debt and compensation for buyers of payment protection insurance.

Source: http://us.rd.yahoo.com/dailynews/rss/business/*http%3A//news.yahoo.com/s/ap/20120223/ap_on_bi_ge/eu_britain_earns_royal_bank_of_scotland

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