EUROPE'S BANKS FIGHT BACK

摘要

The sale in June 2018 by the UK government of a 7.7% stake in Royal Bank of Scotland served as a stark reminder about how the fortunes of US and European banks have diverged since the financial crisis. The deal was highly symbolic for Europe's capital markets bankers, not just because it resulted in a £2bn paper loss for the UK taxpayer a decade after RBS was bailed out, but because the investment banks selected by the UK government to handle the sale were all American.