LONDON, Oct 30 (Reuters) – Royal Bank of Scotland, which is majority owned by the British government, is likely to sell its insurance units and other assets including branches and some investment banking operations, a British government source told Reuters on Friday.
Financial Regulatory Forum
By Kirstin Ridley and Steve Slater
LONDON, Oct 27 (Reuters) – Investors are shunning European bank shares after an EU-imposed break-up and retrenchment of Dutch ING Groep sparked fears Belgium’s KBC and UK peers face tougher-than-expected sanctions in return for state aid.
BRUSSELS, Oct 9 (Reuters) – European Commission President Jose Manuel Barroso said on Friday he would strictly enforce the European Union’s competition and state aid rules, despite calls for a less rigorous approach.