By Mike Phillips25 April 2014
Royal Bank of Scotland’s decision to close down its West Register property division will not mean that its £2.7bn of assets are sold off any quicker - but it does mean that the next time a downturn arrives, RBS won’t be using it to try and mitigate property loan losses.
You must be logged in to continue
Register for free to finish this article.
Sign up now for the following benefits:
To access this article REGISTER NOW
Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £6 per week.