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Britain could sell 3 billion pound stake in RBS as soon as this week - Sky News

Britain could sell 3 billion pound stake in RBS as soon as this week - Sky News
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LONDON (Reuters) – Britain could sell a stake worth at least 3 billion pounds in Royal Bank of Scotland as soon as this week, Sky News reported on Monday, citing banking sources.

The British government still holds a stake of more than 70 percent in the bank after stepping in with a taxpayer bailout during the financial crisis.

RBS and Britain’s finance ministry were not immediately available to comment on the report.

(Reporting by Alistair Smout. Editing by Jane Merriman)

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