Citizens sale seems like a political smokescreen for RBS

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Cornelius Hurley, School of Law, Center for Finance, Law & Policy

How many times since 2008 could the “RBS will sell Citizens” story have been written?…

Expert quote:

“They’re less likely to buy a non-controlling stake in Citizens as a passive investment, and hope that perhaps, maybe, if things work out, they can buy the remaining 75 percent sometime later.”

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