Investors seemed to be leery of RBS stock on Monday, the price dropping 32 per cent to trade below 50p. That compares with a government-underwritten right issue price of 65.5p. Which suggests that RBS is going to be government-controlled.

This entry was posted by Neil Hume on Monday, October 13th, 2008 at 10:56 and is filed under Capital markets. Tagged with rbs. Edit this entry.