RBS (RBS) Higher on Qatar Investment Speculation
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Shares of Royal Bank of Scotland (NYSE: RBS) are 4% higher this AM on speculation Qatar Investment Authority may buy a stake in the U.K.'s second largest bank. The Sunday Telegraph first reported the speculation.
The newspaper said Qatar may invest in RBS using the $15 billion it set aside to buy positions in US and European banks.
The newspaper said Qatar may invest in RBS using the $15 billion it set aside to buy positions in US and European banks.
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