Chief executive Ross McEwan raises the notion at a presentation to City analysts and investorsGeorge Osborne gets an opportunity to sell off another chunk of shares in RBS at the end of this month when the 90-day period from the final – and first – sell-down ends. But another way to reduce the taxpayer stake in Royal Bank of Scotland would be for the bailed-out bank to buy back the shares itself.
It is an notion that Ross McEwan,the boss of RBS, has raised before but on Tuesday he suggested it again during a presentation to City analysts and investors.
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Source: theguardian.com