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MERVYN King suggests RBS should be split in two with a part taking on all the debt and another part separated as a viable high street bank.
A spokesman for the Treasury said "The aim is to repair and return RBS to full health so that it is able to support the UK economy in the future, and the current strategy is working to achieve that.
In 2008-9, the Government invested pounds 45.5billion of taxpayers' money in RBS in a bid to prevent a bank collapse.
RBS and CVC refused to comment to Reuters today.Country: , UKSector: InsuranceTarget: RBS Insurance (RBSI)Buyer: CVC Capital Partners LtdVendor: Royal Bank of Scotland Group plcType: LBOStatus: Speculation, Bidding
However, the transfer will not result in any change to the current business strategy for any of the transferred RBS NV businesses or the way in which the RBS Group commercially operates.
RBS RugbyForce helps clubs to improve facilities through on-line tools, practical advice and a few incentives.
plans to stop proprietary trading by banks prompted it to review its strategy and leave behind RBS Sempra s North American power and gas assets -- an area where the bank is strong after its 2008 acquisition of Bear Stearns.
The Share Centre says the most researched companies among its members are currently RBS, Barclays, HBOS, Barratt Developments and Tesco.
And Matt Lowe, RBS director of corporate banking in the North East, said: "The region is of enormous importance to RBS and our commitment to the area is reflected through the significant investment we have made to our Newcastle-based team.
The market is optimistic that the presence of RBS will further validate Stamford's reputation as a premier location for financial services in the region.
These factors are the competitive effects of the proposal in the relevant geographic markets; the convenience and needs of the community to be served, including the records of performance of the insured depository institutions involved in the transaction under the Community Reinvestment Act ("CRA"); (9) the financial and managerial resources and future prospects of the companies and banks involved in the proposal; the availability of information to determine and enforce compliance with the BHC Act and other applicable federal banking laws; and, in the case of applications involving a foreign bank such as RBS, whether the foreign bank is subject to comprehensive supervision and regulation on a consolidated basis by its home country supervisor.
Army South (USARSO) elected to use the Canadian-developed RBS for vertical construction.
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