Comment on Britain's Chancellor said 'we want to get rid of our RBS stake' ASAP

Britain's Chancellor said 'we want to get rid of our RBS stake' ASAP

The Royal Bank of Scotland reported a loss of £3.5 ($5.4) billion for last year and has several litigation issues hanging over its head. This is still eight years after it received £45.5 ($69.3) billion in taxpayer money to keep it from collapsing. It's little wonder that Britain's Chancellor George Osborne said the government is looking "to get rid of the stake as quickly as we can" after the May General Election.

 

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