RBS' fast pace of non-core asset sales is set to slow down as the most-desirable ones have been...
RBS' fast pace of non-core asset sales is set to slow down as the most-desirable ones have been sold. The prices needed to move what's left off the books will be so low as to force capital-destroying marks. Adding to the problem are other EU banks shedding assets at the same time. The winners: PE firms, U.S. banks, hedge funds.
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