Sir Tom in Demand at Rbs

Summary


ROYAL Bank of Scotland and AstraZeneca, giants in their respective fields, have endured contrasting fortunes in recent years.

Since paying GBP 21 billion for NatWest back in 2000, RBS has gone from strength to strength - becoming the UK's second-largest bank and the world's fifth largest.

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Extract


Sir Tom in Demand at Rbs

Last May it swallowed up US bank Charter One Financial for dollars 10.5bn (GBP 5.8bn), and it is now tipped to be back on the acquisition trail, this time in Asia. Perhaps most importantly, it is one of the few banks not under threat from...

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