We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Strange but true

19 November 2009 By George Hay

Banks often turn dud loans into equity investments. It s a little trickier for RBS and Lloyds, which are set to become the biggest privateequity firms in the land. For shareholder value, joint ventures with pros look good. But their state investor may have different ideas.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)