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Royal Bank of Scotland (RBS) down 24%, despite bailout rumors

Rumors that Royal Bank of Scotland (RBS) will benefit from the U.S. bailout weren’t enough to keep its share price up. The ADR hit $3.04 this morning on news from an ABN Amro partner. by Stephanie Grimmett Baltimore — (TFN):  Royal Bank of Scotland (NYSE:RBS) is down 24% this morning on news that Fortis (Brussels:FORB) must [...]

Foreign Investment: Should HBoS follow Royal Bank of Scotland’s lead?

“That’s a huge amount of money. It’s so large that it’s tough to get a handle on just how much money it is. Let’s just say that if a company with a market capitalization of £12bn was added to the FTSE 100 this morning, it’d slot in somewhere around [...]

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