The U.K. Treasury said Monday that it's agreed to make capital investments in Royal Bank of Scotland (RBS) and, upon a sucessful merger, HBOS and Lloyds TSB totalling 37 billion pounds ($63 billion).... It's also requiring banks to maintain the availability of competitively-priced lending to homeowners and has the right to appoint new independent non-executive directors.
http://www.marketwatch.com/news/story/uk-agrees-cash-injections-rbs/story.aspx?guid=%7B0D19E6B0%2DE1EB%2D4741%2D959A%2DA9243E8CC662%7D
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment