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02-24-2009
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#1 (permalink) |
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Senior Member
Join Date: Dec 2006
Posts: 35,598
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RBS plans to split in bid to save $2.8 billion
Royal Bank of Scotland Group plans to cut costs by more than 1 billion ($2.8 billion), partly by scaling back investment banking, said a source. RBS will split itself into two units over the next three to five years, with one entity...
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