Heavy losses force RBS into $23.9B rights issue (CNN.com)

Related Articles

NI man waits 42 days for cheque to be delivered from eight miles away due to postal delays

34 mins ago

Royal Mail trial major new change as statement issued to UK households

1 hour ago

On the hoof! – PG Buzz

2 hours ago

LONDON, England (AP) — Royal Bank of Scotland Group Tuesday announced a £12 billion ($23.9 billion €15.1 billion) rights issue to shore up its capital position after suffering heavy losses from the U.S. subprime mortgage crisis.

More: continued here