The Scotsman
The European Commission ordered RBS, which is 83 per cent owned by the taxpayer, to offload Direct Line by 2013 as the price for the bank's government bailout...RBS yesterday declined to comment on "pure speculation" about the names of bidders. But...
Moreover Silicon Valley
Spiralling claims from car accidents have led to heavy losses at RBS's insurance arm and the bank has brought in a team of advisors to help sell the business, according to the Sunday Times. RBS -- which is 83-percent state-owned after being bailed...