From The Times: RBS losses set to reach record £28 billion
Royal Bank of Scotland (RBS) confirmed today that losses for the full-year could reach as much as £28 billion …
The bank said this morning that it will make an annual loss of between £7 billion and £8 billion, when it announces its results on February 26.
However, it also expects to announce a charge of between £15 billion and £20 billion related to last year’s acquisition of ABN Amro, the Dutch bank, which it acquired with Spain’s Santander and Fortis, the Belgium bank.
The potential £28 billion loss is nearly twice the size of Vodafone’s £15 billion deficit in 2006, currently the biggest-ever corporate loss in UK history.
Jeu de briques
Snake
Pacman
Bubble