Brussels gives UK five years to fix RBS and Lloyds

On July 23, 2009, in Banks & Finance, EU Competition Commissioner Neelie Kroes, Lloyds, banks, europe, rbs, state aid, taxpayer, by Banks and Finance

Royal Bank of Scotland and Lloyds Banking Group have just five years to wean themselves off state aid or be “wound down” by Brussels.

Royal Bank of Scotland and Lloyds Banking Group have just five years to wean themselves off state aid or be "wound down" by Brussels.

Tagged with: banks • Banks & Finance • finance

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