Royal Bank of Scotland Boss in Spotlight

Summary


The boss of Royal Bank of Scotland was forced on the defensive yesterday after asking shareholders for an unprecedented pounds 12 billion cash injection.

Sir Fred Goodwin launched what is Europe's biggest rights issue to help the group shore up its finances.

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Extract


Royal Bank of Scotland Boss in Spotlight

The move comes less than two months after he declared RBS' financial position satisfactory, and as the bank unveiled a further po...

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