RBS to create new internal bad bank to house problem loans

Royal bank of Scotland (RBS) L: quote) said on Friday, will establish a "bad bank" falling within the highest risk of asset management, the government to stop order to break up.
Royal bank of Scotland, said it will enter a new "capital resolution department next year will be 38 billion pounds ($61.05 billion) in the value of the assets.
Royal bank of Scotland, said the internal reorganization will be released between 1 billion and 1.1 billion pounds of capital, leaving it better able to lend.

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