Finance News - Business news from the UK and world: RBS unveils £38bn new 'bad bank' alongside £634m loss

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RBS unveils £38bn new 'bad bank' alongside £634m loss Nov 1st 2013, 07:30, by Harry Wilson Royal Bank of Scotland posts £634m quarterly loss as it reveals internal bad bank will cost up to £4.5bn but free up £10bn of capital Media files: RBS2_2693189i.jpg (image/jpeg, 0 MB)

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