The British government Monday gave details of its bank recapitalization plan which foresees pumping 37 billion pounds ($65 billion) into three leading banks.
The Royal Bank of Scotland (RBS) will receive 20 billion pounds ($35 billion) of new capital, giving the government a 60-percent share in the Edinburgh-based bank.
British government outlines $65 bn bank rescue
http://www.bjp.com –
User login
Navigation
Categories
Best published scoops - Business
Best Stories
Who's online
There are currently 6 users and 4 guests online.
Online users
- madhusudhanrao
- priti
- ravipatel1212
- angeleye
- delmasti
- soniya