RBS creates ‘bad bank’ ahead of private-sector return

RBS creates ‘bad bank’ ahead of private-sector return (via AFP)

State-rescued Royal Bank of Scotland announced on Friday plans to create an internal ‘bad bank’ to run down £38 billion of high-risk assets and accelerate its return to the private sector. RBS hopes to remove all of the toxic assets, equivalent to $…

This Tiger Cub Giant Is Betting On Banks And Tech Stocks In The Recovery

D1 CapitalThe first two months of the third quarter were the best months for D1 Capital Partners' public portfolio since inception, that's according to a copy of the firm's August update, which ValueWalk has been able to review. Q2 2020 hedge fund letters, conferences and more According to the update, D1's public portfolio returned 20.1% gross Read More