RBS, the third largest bank in the world is expected to report a loss of nearly $4 bn today.

ITN – City braced for RBS results

The Royal Bank of Scotland is reportedly set to release the worst figures in UK banking history.
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RBS, which owns NatWest, recently raised £12 billion from a rights
issue and is aiming to raise £950 million through the sale of its stake
in Tesco Personal Finance to the supermarket giant to shore up its
battered balance sheet.