Username: Password:

Finance Market News and Information

Visit Finance Markets

hr

Fears over the future of RBS after shares take a battering

Posted on October 07, 2008

The turmoil in the stock markets continues this morning after shares in RBS (RBS) plummeted by over 35% to below the 1 mark. The bank is now worth just 16 billion, compared to 75 billion a year ago.RBS shares plunged to 95p, the lowest point since the recession of the early 1990s.Speculation is mounting that [...]...

Original article link


Tags:
markets
default explanation