The U.K. will take a 57.9% stake in Royal Bank of Scotland (RBS) after investors bought just...

|About: The Royal Bank of Scotl... (RBS)|By:, SA News Editor

The U.K. will take a 57.9% stake in Royal Bank of Scotland (RBS) after investors bought just 0.24% of the shares offered in its state-backed capital raise. Shares trade below the £0.655 RBS was asking, making it cheaper to buy shares on the open market, assuming one wanted any.