Tuesday, 20 January 2009
NatWest in crisis: shares dive to 10p
Jonathan Prynn and Paul Waugh, Evening Standard
19.01.09
SHARES in banks collapsed today as Royal Bank of Scotland unveiled a £45 billion loss — the biggest in British commercial history.
RBS, which owns NatWest, was the biggest faller and by afternoon was down 69 per cent to 10.7p. Two years ago its shares were worth £6.
19.01.09
SHARES in banks collapsed today as Royal Bank of Scotland unveiled a £45 billion loss — the biggest in British commercial history.
RBS, which owns NatWest, was the biggest faller and by afternoon was down 69 per cent to 10.7p. Two years ago its shares were worth £6.
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