Posts tagged: RBS

Interserve rumblings...

Saturday, 3 August 2019, 10:56 am

It sounds like the banks and hedgies that ended up owning the failed Interserve are already becoming fed up with being proprietors of the government contracting giant.

According to reliable City sources, Royal Bank of Scotland et al have asked advisers at Lazard to start drawing up plans for a sale of some or all of the group, which could kick off in earnest as early as this September...

Read more...

That RBS share sale...

Saturday, 2 June 2018, 4:43 pm

On Monday Sky News via the Kleinmanator bellowed the government was about to launch a sale of some of its stake in the dreaded Royal Bank of Scotland.

But nothing came, which was a surprise as the Kleinmanator is normally on the money.

So, what happened?

Well, the City Insider column in the yesterday's venerable Financial Times has a decent explanation. Below is a link in case you missed it:..

Read more...