Ongoing problems at Royal Bank of Scotland (RBS) have seen the lender slip from first to second place in the western Europe tables. The bank closed 2010 with a $1.47bn loss and a Tier 1 capital of $94bn, 24% smaller than the previous year. RBS, which had to be rescued by the UK government during the financial crisis and which is still in tax-payers' hands, is the only bank in the top 25 western European banks to have closed the year in the red.
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