RBS Sells Entire Stake In Bank Of China

The Royal Bank of Scotland will sell its $2.3 billion Bank of China stake to offset writedowns, according to Bloomberg. RBS joins Bank of America, which sold 10 percent of its holdings last week. jt

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The Royal Bank of Scotland will sell its $2.3 billion Bank of China stake to offset writedowns, according to Bloomberg.

RBS joins Bank of America, which sold 10 percent of its holdings last week.

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