Royal Bank of Scotland is not going to split into separate so-called good and bad banks, it is expected to announce alongside its financial results later. Instead it will create an internal "bad bank" ring-fencing about £40bn of bad assets - such as loans it does not expect to have repaid. via Pocket http://www.bbc.co.uk/news/business-24767624#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa
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