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.
Royal Bank of Scotland likely to sell insurance arm, other assets-source
ING breakup spurs investor concern over state-aided banks
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.
EU’s Kroes wants courts to tackle illegal state aid
BRUSSELS, Oct 19 (Reuters) – The European Union’s antitrust chief urged national courts on Monday to play a bigger role in combating illegal state aid from EU governments to companies.
EU to strictly apply state aid, competition rules – Barroso
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.
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