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RBS warns of disposals

Posted on November 2, 2009 3:30 PM
Royal Bank of Scotland Group plc warned Monday that Brussels state-aid regulators may enforce more disposals than originally expected on the bailed-out Edinburgh lender.

The bank, of which the U.K. government owns 70%, said: "Negotiations between HM Treasury and the [European Commission] are in their final stages and will include some divestments not initially contemplated."

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