UK govt own 70.5% of RBS
Will enable government to sell further shares
First stress tests where no bank has had to add to capital position
Wrongdoing under bank's restructuring unit
Financials and housebuilders lead the way
Royal Bank of Scotland (RBS) has set aside extra cash to cover litigation costs, helping drive it to a loss in the first quarter.
The Royal Bank of Scotland (RBS) will net up to $3.7bn from the sale of part of its stake in US retail bank Citizens Financial Group.
Lloyds and Royal Bank of Scotland have fallen short in Bank of England tests to determine their resilience in the event of a new financial crisis, while the Co-operative Bank has been ordered to submit a new capital plan.