Summary
A PANIC set in yesterday morning that, by the end of the day, would see one of the world's biggest banks brought almost to its knees.
Within an hour of the London Stock Exchange opening, more than GBP 7 billion was wiped off Royal Bank of Scotland's value and shares plunged by 30 per cent.See the full content of this document
Extract
Carnage As Royal Bank Loses Gbp 2m a Second
The dizzying fall amounted to almost GBP 2 million a second.
Serious concerns for the Scottish institution set in when its credit ratin...See the full content of this document
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