Investment Banking

Government eyes RBS stake sale

Disposal of part of its 70.5% stake in the bank could come as soon as this week

Government eyes RBS stake sale

The British government is preparing to sell a multibillion-pound stake in Royal Bank of Scotland, resuming a privatisation programme that has been stalled for three years, MarketWatch reports.

City bankers and investors have been primed to expect a disposal of part of UK taxpayers' 70.5% stake in the bank, possibly as soon as this week, according toSky News.

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