August 5, 2015

RBS: Government sells £2.1bn of shares in bank at a loss

The government has begun its sell-off of shares in part-nationalised lender Royal Bank of Scotland, raising £2.1bn, a third below the price it paid.

It sold a 5.4% stake at 330p a share, a 7.6p discount on Monday's closing price. Read more.

BBC

Related,
RBS sell-off: George Osborne defends £1bn loss - Guardian

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